The gov't started raising the interest rates in March. In theory this should reduce job openings and shift power back to companies.
Today we got the JOLTS report representing April.
March was originally reported at 11.5M job openings. In April it dropped but only to 11.4M.
The Great Resignation continued w/4.4M quits. It dropped slightly from 4.5M quits in March.
Worker to opening ratio stayed at 2 jobs for every 1 person not working.
It's slightly better for companies but still not as much a hit as I expected.