U.S. job openings were little changed in May at 7.59 million, marginally above April's revised level, the Bureau of Labor Statistics said Tuesday; economists' median forecast was 7.30 million. Wage growth has picked up recently. Openings in professional and business services were essentially flat in May after accounting for most of April's employment gains. Construction and leisure & hospitality showed job gains, while openings in financial activities continued to decline and have been the large

U.S. job openings were little changed in May at 7.59 million, marginally above April's revised level, the Bureau of Labor Statistics said Tuesday; economists' median forecast was 7.30 million. Wage growth has picked up recently. Openings in professional and business services were essentially flat in May after accounting for most of April's employment gains. Construction and leisure & hospitality showed job gains, while openings in financial activities continued to decline and have been the largest drag on employment growth this year. The report reinforces other data signalling labour-market momentum. Price rises during the Iran conflict have weighed on consumer confidence and tempered wage growth, but have had limited impact on labour demand and consumer spending has remained resilient.