US Job Openings Rise
2 Video Views·Sep 2, 2026
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Video Summary
AI GeneratedU.S. job openings rose slightly to 7.27 million in July, while layoffs declined. Despite a dip in gross hiring and fewer workers quitting, the labor market remains more resilient than in 2025. With unemployment at 4.1%, economists are now looking forward to the August employment report due this Friday to see if job growth meets expectations.
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U.S. job openings rose slightly to 7.27 million in July from a revised 7.18 million in June,
while layoffs declined, according to ABC News.
The Job Openings and Labor Turnover Survey showed gross hiring fell to 5.1 million
from 5.3 million in June, while fewer workers quit their jobs.
U.S. employers have added an average of 61,000 net jobs a month this year,
held back by job losses in February and July.
That is still an improvement from 2025, when monthly job growth averaged fewer than 10,000,
amid high interest rates and uncertainty from Trump's tariffs.
Employers are keeping layoffs low even as hiring remains subdued,
with unemployment holding at 4.1% and weekly jobless claims staying low.
Economists surveyed by FactSet expect employers added 65,000 jobs in August
and forecast the unemployment rate will rise to 4.2%.
The August employment report is due Friday.
For all things money, visit Benzinga.com.