US July Job Openings Fall to 7.18 Million, Below Expectations

The U.S. July JOLTs job openings report recorded 7.181 million available positions, below expectations of 7.378 million and down from June’s revised 7.357 million. This marked the lowest level since September 2024. The three-month average stood near 7.4 million, and the openings-to-unemployed ratio dropped below 1 for the first time since early 2021, indicating a notable cooling in labor demand.

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