U.S. job openings dropped to 7.08 million in August, down from 7.34 million in July and below the 7.2 million forecast.
Layoffs hit 1.64 million in August 2026, down from 1.83 million a year earlier.
The labor market is cooling on both ends—fewer firings, but also fewer openings.
Layoffs hit 1.64 million in August 2026, down from 1.83 million a year earlier.
The labor market is cooling on both ends—fewer firings, but also fewer openings.