Job openings unexpectedly increased in May | CNN Business

CNN  — 

The “wait-and-see” is turning into a “just-can’t-wait-anymore.”

US employers moved forward on plans to increase their workforces in May, with the number of available jobs rising to a six-month high, according to Bureau of Labor Statistics data released Tuesday.

Job openings, which serve as a closely watched measure of labor market demand, totaled an estimated 7.77 million at the end of May, rising from 7.4 million in April, according to the BLS’ latest Job Openings and Labor Turnover Survey.

Economists were expecting the number of available jobs to retreat

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