Job openings in the U.S. set the second record in as many months — 10.1 million — while a rising quit rate suggests workers are more confident in their employment prospects. The most recent Labor Department report, from the final day in June, hasn’t captured the impact of the surging delta variant on businesses since then. But, say experts, the rise in openings from 9.5 million in May shows a trend that favors workers’ interests.

• Wages are rising at the fastest pace since the ’80s.
• Black men and Latina women left the labor force in higher numbers last month.
• A factor in the number of available jobs outnumbering those looking for work is a mismatch between where people want to work and which industries are hiring, says The Wall Street Journal.

Simply raising wages may not be enough to attract workers to fill open positions. In addition to higher wages, perks and benefits, employers will have to promote their flexibility and culture to woo applicants in order to fill their needs in a post pandemic world.

10.1 million open jobs, a new record, from today’s Government Job Openings and Labor Turnover Summary (JOLTS) Report. The total number of quits in the month was 3.9 million, an increase of 7% from previous month and 46% from same month last year. Quits are generally voluntary separations initiated by the employee and viewed as a measure of workers’ willingness or ability to leave jobs. 
Retaining and developing both workers and managers becoming a business imperative.

• There were 10.1 million open jobs on the final day of June, the Labor Department said, up from 9.2 million in May.
• Economist polled by Dow Jones were expecting 9.1 million openings.
• The jump came as the quits rate increased while the layoffs and discharges rate was unchanged, reflecting increased bargaining power and employment options for workers.

The number of job openings in the U.S. economy jumped to more than 10 million in June, the highest on record, as the U.S. labor market continues a choppy recovery from last year’s economic shutdowns, the Labor Department said Monday.

There were 10.1 million open jobs on the final day of June, the report said, up from 9.2 million in May. Economist polled by Dow Jones were expecting 9.1 million openings. The jump came as the quits rate increased while the layoffs and discharges rate was unchanged, reflecting increased bargaining power and employment options for workers.

By industry, leisure and hospitality show one of the highest level of job openings at more than 1.6 million. Health care and social assistance has 1.5 million openings.