US job openings fell to 7.4 million last month as job market continues to cool
UNITED STATES, JUL 29 – Job openings dropped from 7.7 million in May to 7.4 million in June as hiring slows amid Federal Reserve rate hikes and trade uncertainty, the Labor Department said.
- The Labor Department reported on July 29, 2025, that U.S. job openings fell to 7.4 million in June, signaling continued cooling of the job market.
- This cooling follows 11 Federal Reserve interest rate hikes in 2022 and 2023, combined with uncertainty from trade wars, which have restrained hiring decisions.
- June hiring showed 147,000 jobs added including nearly 64,000 education jobs likely inflated by seasonal factors, while private payroll growth was the slowest since October at 74,000.
- Glassdoor economist Daniel Zhao described the figures as softer with sluggish hires and quits rates, saying the situation is "not dire" but "more meh" with layoffs below pre-pandemic levels.
- The decrease in job vacancies and resignation rates indicates a slowdown in the U.S. labor market this year, although unemployment remains relatively steady at about 4.2%, pointing to a gradual easing rather than a steep decline.
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46 Articles
46 Articles
Job vacancies in the US fell to 7.4 million in June, indicating a cooling down in the labor market after months of steady growth
Coverage Details
Total News Sources46
Leaning Left8Leaning Right6Center22Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 22%
C 61%
R 17%
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