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U.S. Job Openings Drop, Labor Market Shows Signs of Cooling

7/30/2025

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Summary

Story summary

U.S. job openings decreased to 7.44 million in June, down from 7.71 million in May, reflecting stable worker demand.
The quits rate held steady at 2.1%, with 3.1 million employees voluntarily leaving their jobs in June.
Layoffs remained low at 1.6 million, while hiring activity slowed to 5.2 million.
Analysts highlight a cooling labor market, suggesting signs of potential fatigue.

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Story summary

U.S. job openings decreased to 7.44 million in June, down from 7.71 million in May, reflecting stable worker demand.
The quits rate held steady at 2.1%, with 3.1 million employees voluntarily leaving their jobs in June.
Layoffs remained low at 1.6 million, while hiring activity slowed to 5.2 million.
Analysts highlight a cooling labor market, suggesting signs of potential fatigue.