After 5 consecutive months of beats, the May JOLTS report was also very strong, and showed that after some significant weakness in late 2025, US labor market has continued to stabilize throughout 2026, despite the surprising sticky weakness in the number of hires.

Recent federal data has indicated positive growth in the job market.

U.S. job openings stayed at a surprisingly strong 7.6 million in May as the American labor market remains resilient in the face of the economic shock from the Iran war.