JOLTS: August 2025

US job openings increased just 19k to 7.23 million in August, roughly in line with expectations of 7.2 million, and the job openings rate was unchanged at 4.3%.
- Private job openings increased 56k to 6.46 million while government job openings dropped -37k to 770k.

- The government job openings rate dropped -0.1 ppt to 3.2% and is down -0.9 ppts from a year ago to the lowest since February 2021.
- Total hires fell -114k to 5.13 million (rate down -0.1 ppt to 3.2%), and total separations fell -110k to 5.11 million (rate down -0.1 ppt to 3.2%).
- Total quits dropped -75k to 3.09 million, and the quits rate fell -0.1 ppt to 1.9%.
- Total layoffs and discharges were down -62k to 1.73 million, and the layoffs and discharges rates was unchanged at 1.1%.