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U.S. has more jobs than jobless

Job seekers wait in line to apply for jobs being offered at the Amazon fulfillment center in Romeoville, Illinois. Photo: Scott Olson/Getty Images

"American Job Openings Now Outnumber the Jobless," per The Wall Street Journal's Eric Morath (subscription): "U.S. job openings rose to 6.7 million at the end of April, compared with the 6.3 million Americans who were unemployed."

Why it matters: "The labor market is forcing employers to rethink their approach to hiring ... If they can’t find workers to meet the demand for their products, they can’t help the economy grow. They may instead opt to close the restaurant early or not run a third shift at the factory."