June 2025 Labor Market Update: When Numbers Don’t Tell the Whole Story

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Key points:

Headline numbers in job reports show an economy still adding jobs, with low unemployment and layoffs. The number of sectors with strong job postings is declining, landing at a little more than half in May. The labor market — lately in a state of deep freeze — is turning into stagnation as employers and employees hold off on making key decisions. 

Our monthly Labor Market Update examines important trends using Indeed and other labor market data. Our US Labor Market Overview Chartbook provides a more comprehensive view of the US labor market. Data from our Job

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