June JOLTS revisions show lower hires, openings and quits
The U.S. Bureau of Labor Statistics revised June layoffs up by 19,000 to 1.8 million, hires down by 16,000 to 5.3 million, and job openings down by 177,000 to 7.2 million in updated JOLTS data.
S. 3 million. S. employment landscape.
2 million. 2 million. Commentary on the data underscored that “this also marks the 3rd consecutive monthly downward revision,” signaling a continuous trend of initial overestimation in official labor market readings. 2%.
” What is happening with the US job market? US job openings for June were revised down by -177,000 vacancies, their largest monthly downward revision since November 2025. This also marks the 3rd consecutive monthly downward revision. com/nYbCFIT4gb — The Kobeissi Letter (@KobeissiLetter) September 7, 2026 Read Also: How To Trade SPY As Market Awaits JOLTS Data Pattern of Revisions and Data Reliability The pattern of retroactive cuts highlights persistent adjustments in government employment reporting.
” The BLS noted that monthly revisions result from additional reports received from businesses and government agencies, along with seasonal factor recalculations. 3 million. 1 million. Within industry sectors, hires decreased in professional and business services by 188,000, while job openings increased in durable goods manufacturing by 76,000.
7 million. How Have Stock Markets Performed in 2026? 54% year-to-date. 40% YTD.
On Friday, the SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 and Nasdaq-100, respectively, closed mixed. 96. 08. Read Also: Top Economist Sees a Strong Investment Boom — But Warns These 4 Risks Could Trigger Next Market Shock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.
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