US job openings slip to 7.4 million, but labor market remains resilient

Source: ABC News

“U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from fighting in Iran and the closure of the Strait of Hormuz. The Labor Department said that employers posted 7.36 million vacancies in June, down from 7.54 million in May. The numbers were in line with economists’ expectations. Layoffs were little-changed at 1.8 million, and the number of people quitting their jobs — a sign of confidence in their prospects — rose slightly. The U.S. job market has remained sturdy despite a surge in energy prices caused by the conflict in Iran, rebounding from a 2025 slump.” (08/04/26)

https://abcnews.com/US/wireStory/us-job-openings-slip-74-million-labor-market-135355605