The number of job openings in the US dropped to 7.449 million in April 2019 from 7.474 million in the previous month, missing market expectations of 7.479 million. Job openings declined in professional and business services (-172,000), but increased in federal government (+22,000) and educational services (+20,000). Meanwhile, hiring jumped by 240,000 jobs to a series high of 5.937 million. Job Offers in the United States averaged 4402.42 Thousand from 2000 until 2019, reaching an all time high of 7626 Thousand in November of 2018 and a record low of 2264 Thousand in July of 2009.
Job Offers in the United States is expected to be 6700.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Job Offers in the United States to stand at 5818.00 in 12 months time. In the long-term, the United States Job Openings is projected to trend around 5600.00 Thousand in 2020, according to our econometric models.