JOLTS (job openings) were an absolute disaster today. Hiring dropped 13% for the month

  • Job openings surged to 7.618 million — a big jump of +731,000 from March and the highest level in nearly two years.
  • Hires dropped sharply to 5.1 million — a decline of 419,000 from the previous month.

That’s roughly an 8% month-over-month drop in actual hiring.

Official BLS JOLTS Report (June 2, 2026): https://www.bls.gov/news.release/jolts.nr0.htm

CNBC Coverage: https://www.cnbc.com/2026/06/02/job-openings-april-2026.html

Companies are keeping “jobs” open that they never plan to fill
This makes the economy look stronger than it really is
The truth is that companies are firing people and stopping new hires
The middle class is getting crushed by costs, and there is no new work coming
There is no job surplus, only a big lie in the government numbers