Framing Analysis
Employers posted 7.36 million job vacancies in June, down from 7.54 million in May, while adding an average of 92,000 jobs per month in 2025. Layoffs reached 1.8 million, the unemployment rate is projected to hold at 4.2 percent, and the Labor Department will release July data on Friday. The figures coincide with higher energy prices linked to conflict in Iran.