U.S. job openings reached a six-month peak in May, fueled by a surge of new graduates entering the workforce. However, hiring rates remained sluggish as businesses navigated the lingering effects of elevated U.S. tariffs. This disconnect between available positions and actual hires suggests a cautious approach from employers amid ongoing economic uncertainties. The data indicates a complex labor market dynamic where opportunities exist, but companies are hesitant to rapidly expand their payrolls.