For the first time since April 2020, the potential number of workers per job
opening grew in May to 1.38 — including part-time employees who want
full-time work, those who left the labor force but want to work and
unemployed individuals. As the Great Resignation holds strong, employers
continue to struggle with hiring and retaining workers. Compared to
previous month’s steady job growth, May showed signs of a potential lull.
With a total of 390,000 jobs gained and 4.42 million quits (compared to
428,000 jobs gained and 4.53 million quits in April), this month’s numbers
suggest job growth in the market may begin to decelerate.