Dossier
job market resilience
Coverage of job market resilience in the Nexus archive.
- US job openings slip to 7.4 million, but labor market remains resilient in face of fighting in Iran
U.S. job openings decreased to 7.36 million in June, showing labor market resilience amid economic shocks from Iran-related conflicts and the closure of the Strait of Hormuz. Hiring trends remain below post-pandemic levels but have improved from a 2025 slump, with average monthly job gains rising to 92,000. Expectations for July’s jobs report predict 100,000 new jobs and a 4.2% unemployment rate.