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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

Lean Left

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

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Associated Press NewsAssociated Press News
+32 Reposted by 32 other sources
Lean Left

US job openings fell to 7.4 million last month as job market continues to cool

Employers posted 7.4 million job vacancies last month, a sign that the American job market continues to cool.

·United States
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Spectrum Local NewsSpectrum Local News
+4 Reposted by 4 other sources
Center

U.S. job openings fell to 7.4 million last month as job market continues to cool

The Labor Department reported Tuesday that job openings in June were down from 7.7 million in May.

·United States
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regionalmedianews.com broke the news in on Tuesday, July 29, 2025.
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