Why US Job Openings Stay High Despite Cooling Payrolls

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Why US Job Openings Stay High Despite Cooling Payrolls

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In this episode, Lucas and Luna dig into a paradox in the mid-2026 US labor market: payrolls growth slowed to just 57,000 in June, yet JOLTS job openings actually ticked up to 7.6 million. They explore what's driving the disconnect—including a rise in long-term vacancies in healthcare and hospitality, the impact of the World Cup adding 40,000 temporary jobs, and falling labor force participation. Lucas explains the structural shift in hiring frictions—companies wanting perfect candidates rather than warm bodies—and why the Fed can't ignore the wage pressure this creates even as headline job gains weaken. Luna questions whether the 'Great Resignation' has simply become the 'Great Holdout'. The episode closes with a reflection on whether the labor market is cooling or just morphing. #USJobs #JOLTS #Payrolls #LaborMarket #FederalReserve #Employment #EconomicData #WageGrowth #LaborForceParticipation #WorldCup #Healthcare #Hospitality #FexingoBusiness #BusinessPodcast #Economics #USEconomy #JobOpenings #HiringSlowdown Keep every episode free: buymeacoffee.com/fexingo

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