US labor market softening as job openings hit 10-month low, hiring remains tepid,
- 04-Sep-2025
WASHINGTON: U.S. job openings fell to a 10-month low in July and there were more unemployed people than positions available for the first time since the COVID-19 pandemic, data consistent with easing labor market conditions and supporting expectations the Federal Reserve would cut interest rates this month. Despite cooling demand for workers, layoffs remained relatively […]