jobs-labor

Hiring Fell to Its Lowest in Two Years While Openings Kept Climbing. August JOLTS Lands Tomorrow.

Published September 28, 20264 min read

A long row of empty office desks at dawn with chairs neatly tucked in under golden morning light — Job openings keep climbing, but hiring has slipped to its slowest pace in two years — Tuesday's August JOLTS report will show whether the gap keeps widening. Illustration: MarketIntelLabs

Job openings in July rose to 7.271 million while hiring fell to 5.054 million, the weakest monthly hires figure in the BLS JOLTS series since February 2024. That spread, more openings chasing fewer hires, is the number that makes Tuesday's August JOLTS report worth reading closely. The Bureau of Labor Statistics releases the August data at 10:00 AM ET on Tuesday, September 29, 2026.

Key Takeaways July job openings rose to 7.271 million, up from 7.182 million in June and 7.089 million in July 2025. July hiring fell to 5.054 million, the lowest since February 2024, down 278,000 from June. The quits rate held at 1.9 percent in July against 2.0 percent a year earlier, so workers are not switching…

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