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The Nexus
BUSINESSAug 4 · 14:08 UTCKSTP ABC MINNEAPOLIS

US job openings slip to 7.4 million, but labor market remains resilient in face of fighting in Iran

U.S. job openings fell to 7.4 million in June, showing a slight decline but overall resilience in the labor market amid economic pressures from conflict in Iran and the Strait of Hormuz closure. Hiring and job quits rose slightly, though gross hiring remains below post-pandemic peaks. The labor market has added an average of 92,000 jobs monthly this year, up from fewer than 10,000 in 2025.

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