Forbes Daily: Job Openings Surge To Highest Level In Almost Two Years
Forbes Daily: Job Openings Surge To Highest Level In Almost Two Years
Publish Date: 2026-06-03 08:04:00
Source Domain: www.forbes.com
President Donald Trump’s executive order on artificial intelligence marks a shift in his approach to regulating the technology.
Trump signed the highly anticipated order Tuesday that asks companies to allow federal oversight of new AI models up to 30 days before their public release. The Treasury Department will create an AI “cybersecurity clearinghouse” to review any potential security vulnerabilities.
Trump had previously taken a more relaxed tone about regulating AI, though Anthropic’s dispute with the Pentagon this year seems to have shifted his stance.
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First Up
- CBS News fired top “60 Minutes” correspondent Scott Pelley, and he accused CBS News and Paramount’s new leadership of harming the show’s reputation in a bid to curry favor with the Trump administration.
- TurboTax maker Intuit is now the S&P 500’s worst performing stock of 2026, with analysts predicting increased competition powered by AI.
- Oracle cofounder Larry Ellison catapulted into second place in the ranking of the world’s richest as the tech company’s shares have surged 28% over the last five days.
A Surprising Turnaround in Job Openings
After years of headlines about a sluggish labor market, the number of job openings jumped to 7.6 million in April, according to BLS data released Tuesday—the highest level in almost two years. But despite the surge in openings, the hiring rate declined to a historically low 3.2%.
“What that really suggests is there is this disconnect between what employers are wanting on paper versus the actions that they’re actually taking to hire these workers,” Sneha Puri, an economist at Indeed, tells Forbes Daily.
It could take time for more job openings to translate into more hiring. Data from Indeed shows the amount of time between posting a role and making a hire has been climbing in recent years, and currently sits at a median of 25 days…
