{"id":834863,"date":"2026-09-03T05:32:13","date_gmt":"2026-09-03T05:32:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/834863\/"},"modified":"2026-09-03T05:32:13","modified_gmt":"2026-09-03T05:32:13","slug":"u-s-job-openings-rise-slightly-to-7-3-million-as-labor-market-remains-sturdy-despite-higher-costs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/834863\/","title":{"rendered":"U.S. job openings rise slightly to 7.3 million as labor market remains sturdy despite higher costs"},"content":{"rendered":"<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">WASHINGTON &#8212; Employers posted slightly more job openings in July but the American labor market remained sturdy in the face of <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/inflation-federal-reserve-interest-rates-a8661a4be7fcf3076891382cf9df1a5e\" rel=\"nofollow noopener\" target=\"_blank\">higher costs<\/a> that are squeezing household budgets.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">U.S. job openings ticked up to 7.27 million in July from a revised 7.18 million in June, the Labor Department reported Tuesday. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The department&#8217;s Job Openings and Labor Turnover Survey (JOLTS) also showed that layoffs fell. But so did the number of people quitting their jobs \u2014 a sign of confidence in their prospects. The report showed that gross hiring \u2014 before subtracting those who lost or quit their jobs \u2014 dipped to 5.1 million in July from 5.3 million in June. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The American job market is hardly booming, but it is ambling along despite an <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/iran-war-gasoline-oil-high-prices-trump-8cc519eca4ef31243155a44c75c8d19c\" rel=\"nofollow noopener\" target=\"_blank\">energy shock<\/a> caused by the <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/hub\/iran\" rel=\"nofollow noopener\" target=\"_blank\">fighting with Iran<\/a> that has squeezed family budgets.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \"> So far this year, U.S. employers \u2014 companies, nonprofits and government agencies \u2014 added an average of 61,000 net jobs a month. The figure \u2014 which was dragged down by job losses in February and July \u2014 is unimpressive. But it&#8217;s an improvement on 2025 when job growth came in below 10,000 a month \u2014 weakest hiring outside a recession since 2002 \u2014 as the lingering effect of high interest rates and uncertainty caused by Trump&#8217;s tariffs discouraged firms from hiring.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">But if U.S. employers aren&#8217;t hiring much, at least they aren&#8217;t firing much either. The unemployment rate remains at a low 4.1%, and the number of people signing up for unemployment benefits has come in low week after week.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cThe labor market is back in the \u2018low fire, low hire\u2019 mode,\u201d said Heather Long, chief economist at Navy Federal Credit Union. &#8220;Companies are growing cautious as the war in Iran drags on and borrowing costs have spiked.&#8221;<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">When the Labor Department puts out numbers on August hiring and unemployment Friday, it&#8217;s expected to show that employers added 65,000 last month and that the jobless rate ticked up to 4.2%, according to a survey of forecasters by the data firm FactSet.<\/p>\n","protected":false},"excerpt":{"rendered":"WASHINGTON &#8212; Employers posted slightly more job openings in July but the American labor market remained sturdy in&hellip;\n","protected":false},"author":2,"featured_media":834864,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101,793,1931,1929,795],"class_list":["post-834863","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-general-news","tag-jobs-and-careers","tag-labor","tag-u-s-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/834863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=834863"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/834863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/834864"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=834863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=834863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=834863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}