US labor market softening as job openings hit 10-month low, hiring remains tepid
- Posted on September 3, 2025
- By Google News
- 1 Views
US labor market softening as job openings hit 10-month low, hiring remains tepid
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.
