Skip to Navigation Skip to Posts Skip to Content
🇺🇸 Vacancies hit a near two-year high, but nobody is actually hiring
The day in view

🇺🇸 Vacancies hit a near two-year high, but nobody is actually hiring

Macro Soup Newsroom Macro Soup Newsroom 3 min read

April job openings jumped to 7.618 million, the largest single-month gain since the 2021 reopening, while actual hires fell to 5.1 million. May's ADP print showed 122,000 private jobs added, beating forecasts but still well below the pace that marks genuine labor market expansion.

Line chart of ADP CHNG Index from 2021 to 2026 with recent rise to 122.0 on 05/31/26.
ADP private payrolls rose 122,000 in May, the strongest reading since January 2025. Source

Read next

Featured Post The week in view

📰 Weekly Macro Roundup: 2026-11-07

3 min read
Paid Post The week in view

🇨🇳 Beijing lowers the funding floor quietly, leans on the yuan and asks firms to buy their own shares

4 min read

Become a Member

Daily and weekly briefings on global markets, for self-directed investors who want to be informed, not doomscrolled.

Sign up now

Daily macro and markets briefings for self-directed investors. Global coverage, no doomscrolling.

© 2026 Macro Soup - Macro Soup is an independent publisher of financial news and research. The information provided in this website (the "Content") is general, impersonal, and for informational and educational purposes only. It does not constitute investment, financial, tax, or legal advice, nor a recommendation, offer, or solicitation to buy, sell, or hold any security or investment. Macro Soup has no regard for any recipient's specific investment objectives, financial situation, or needs. Investing involves substantial risks, including possible loss of principal, and past performance is not indicative of future results. You should consult your own advisors before making investment decisions and should double check all Content before you rely on it. Please review the full Disclaimer.