June 2026 JOLTS Report: The Labor Market is a Duck on a Pond

Key Points:

Job openings were little changed at 7.4 million in June, from a downwardly revised level in May, according to the US Bureau of Labor Statistics. The layoffs rate stayed steady at 1.1% in June 2026 and remains well within its recent range. The quits rate was unchanged at 2%.

Like a duck on a pond, the

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