In an unexpected turn, the number of available jobs in the US increased in May, reflecting the resilience of the labor market. Job openings rose to 8.14 million, surpassing economist predictions of a drop to 7.91 million. This surge in job postings marks a significant milestone, with the ratio of job openings to unemployed individuals remaining steady at 1.22 per job seeker. The JOLTS report also indicated stability in other measures of labor turnover, such as hires, layoffs, and quits. Economists are closely monitoring the quits rate, which has remained at 2.2% for seven consecutive months, as it can indicate workers' willingness to explore new job opportunities. With job growth projected to continue, consumer spending power is expected to rise, reinforcing the strength of the US labor market.