00:00It's Benzinga bringing Wall Street to Main Street.
00:03U.S. job openings rose slightly to 7.27 million in July from a revised 7.18 million in June,
00:09while layoffs declined, according to ABC News.
00:12The job openings and labor turnover survey showed gross hiring fell to 5.1 million
00:18from 5.3 million in June, while fewer workers quit their jobs.
00:23U.S. employers have added an average of 61,000 net jobs a month this year,
00:27held back by job losses in February and July.
00:31That is still an improvement from 2025, when monthly job growth averaged fewer than 10,000,
00:37amid high interest rates and uncertainty from Trump's tariffs.
00:40Employers are keeping layoffs low even as hiring remains subdued,
00:44with unemployment holding at 4.1% and weekly jobless claims staying low.
00:49Economists surveyed by FactSet expect employers added 65,000 jobs in August
00:54and forecast the unemployment rate will rise to 4.2%.
00:57The August employment report is due Friday.
01:00For all things money, visit Benzinga.com.
