U.S. JOLTs Job Openings (10,000s) for June released: 735.9

U.S. June JOLTs job openings fell to 7.359 million, missing the 7.4 million forecast and previous 7.594 million, signaling labor market cooling.

The U.S. JOLTs job openings figure for June came in at 7.359 million, lower than the expected 7.4 million and the previous value of 7.594 million. The weaker-than-expected data indicates a cooling labor market, which could ease pressure on the Federal Reserve to implement a rate cut and reduce expectations of monetary easing.