Consensus estimates were for job openings to total 7.3 million last month, according to FactSet. Instead, they rose for the second month in a row. “Business leaders are put in a position now where they have to make decisions in the short term,

US job openings unexpectedly rose in May to the highest level since November, largely fueled by leisure and hospitality, and layoffs declined, pointing to a stable labor market despite economic uncertainty.

U.S. job openings unexpectedly increased in May, but a decline in hiring added to signs that the labor market had shifted into lower gear amid uncertainty over the Trump administration's tariffs on imports,