June JOLTS Came in at 7.359M, Missing Estimates as Labor Market Cools Further
The Bureau of Labor Statistics reported 7.359 million job openings in June, a preliminary reading that came in 61,000 below the 7.420 million consensus estimate and marks the lowest headline print since early 2026. Combined with a downward revision to May's figure, from 7.594 million to 7.537 million, the data adds another piece of evidence to a labor market that has been softening in a way the Federal Reserve cannot ignore ahead of its September 16-17 meeting. Key Takeaways June job openings came in at 7.359 million (preliminary), missing the 7.420 million consensus by 61,000 and landing at the lowest reading since early 2026. May openings were revised down to 7.537 million from the origina…
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