07-07-2020 19:35 via ocregister.com

Hiring soared in May as mass layoffs eased

By CHRISTOPHER RUGABER
WASHINGTON (AP) — The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April.
The Labor Department reported Tuesday that the number of available jobs rose sharply as well, but remained far below pre-pandemic levels.
The figures, from the government’s Job Openings and Labor Turnover survey, or JOLTS, illustrate the whiplash the economy has experienced since the pan
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