U.S. June Job Openings Fall to 7.36 Million

job openings JOLTS hiring Federal Reserve labor market

The U.S. Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) for June showed job openings at 7.359 million, a decline of 178,000 from the previous month and below the 7.400 million forecast. The job‑openings rate slipped to 4.4 % from 4.5 % in May.

Hiring rose by 96,000 to a total of 5.348 million, lifting the hires rate to 3.4 % from 3.3 % in May. Layoffs and discharges were essentially unchanged at about 1.8 million, a rate of 1.1 %. Voluntary quits held steady at 3.2 million, a 2.0 % quit rate.

Sector‑specific changes included a 147,000 drop in healthcare and social assistance openings, while transport, warehousing and utilities added 97,000 jobs and the federal government added 39,000. Wholesale trade, nondurable‑goods manufacturing and mining each saw declines.

The Federal Reserve kept its benchmark overnight rate in the 3.5 %–3.75 % range, with three committee members dissenting in favor of a quarter‑point hike. Economists expect the labor market’s gradual cooling to allow the Fed to focus on inflation.

Entities: Bureau of Labor Statistics · Federal Reserve · Federal government · Healthcare and Social Assistance sector · Job Openings and Labor Turnover Survey (JOLTS) · Transport, warehousing & utilities sector · United States

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 6 SOURCES] June 2024 JOLTS reported 7.359 million job openings in the United States. (All belongs=true articles)
[● 3 SOURCES] Healthcare and social assistance job openings decreased by 147 000 in June. (All belongs=true articles)
[● 3 SOURCES] Layoffs and discharges were little changed at about 1.8 million, a rate of 1.1 % in June. (All belongs=true articles)
[● 3 SOURCES] Hiring increased by 96 000 in June, bringing total hires to 5.348 million and raising the hires rate to 3.4 % from 3.3 % in May. (All belongs=true articles)
[● 4 SOURCES] The job‑openings rate fell to 4.4 % in June, down from 4.5 % in May. (All belongs=true articles)
[● 4 SOURCES] Transport, warehousing and utilities job openings rose by 97 000 and federal government openings rose by 39 000 in June. (All belongs=true articles)
[● 4 SOURCES] Voluntary quits held steady at 3.2 million, a rate of 2.0 % in June. (All belongs=true articles)
[● 3 SOURCES] The Federal Reserve kept its benchmark overnight rate in the 3.5 %–3.75 % range, with three committee members dissenting for a quarter‑point hike. (All belongs=true articles)