Tipranks.com May 05, 2026 • 15:11

S&P 500 Advances as Hiring Rate Surges to 22-Month High - TipRanks

By Eddie Pan

S&P 500 Advances as Hiring Rate Surges to 22-Month High - TipRanks

The S&P 500 (SPX) is trading higher on Tuesday after March’s Job Openings and Labor Turnover Survey (JOLTS) showed a hiring rate of 3.5% in the U.S., the highest since May

Story Highlights<ul><li>The U.S. hiring rate reached a 22-month high of 3.5% in March.</li><li>That comes after the rate fell to 3.1% in February, the lowest since April 2020.</li></ul>

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