. The June JOLTS report showed job openings easing by 178,000 to 7.359M, missing estimates of 7.454M, though openings remain above the January 2020 level of 7.124M. The openings-to-unemployed ratio edged up to 1.04, the highest since January 2025. Hiring improved, with hires rising 96,000 to 5.348M and the hiring rate increasing to 3.4%, led by health care and construction. Quits, a key measure of labor market confidence, rose 79,000 to 3.232M, the highest in nearly a year, while layoffs were essentially flat at 1.766M with the layoff rate unchanged at 1.1%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments