It’s great news for the US that employers in the US registered a record 9.3 million job vacancies in April 2021. This coincides with the reopening of the US economy, which is happening at a tremendous pace.
The number of job openings increased 12% from 8.3 million in March 2021.
However, US employers hired only 6.1 million workers to work in USA. This means the count is up just 1% from March 2021, as revealed by a Labor Department report on Tuesday. This suggests that jobs are reopening at a greater speed than firms can find the manpower to fill them.
The biggest increase in job openings happened in the case of hotels and restaurants. They reopened after a while when they were closed or their working hours were curbed due to the COVID-19 pandemic.
Also, there was a rise of 11% when it came to the number of Americans leaving their jobs. In numbers, this comes close to 4 million in April 2021. By far, this is the highest figure recorded, if we go back as far as to the year 2000.
The US Department of Labor issued a report that the US economy created 559,000 new jobs in May 2021. The rate of unemployment decreased from 6.1% in April 2021 to 5.8%. The US is still short of 7.6 million jobs compared to the position the country had in February 2020.
Indeed, opportunities to work in USA for foreign nationals could see a remarkable increase in the days to come.
If you are looking to Study, Work, Visit, Invest or Migrate to USA, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.
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