疫情以来罕见之低！美国7月JOLTS职位空缺降至10个月低点

Group 1 - The core point of the article indicates that the U.S. job openings in July fell to a 10-month low, reflecting a gradual weakening in hiring demand among businesses [1][3] - The July JOLTS job openings stood at 7.181 million, the lowest since September 2024, and below the expected 7.382 million, with the previous value revised down from 7.437 million to 7.36 million [1][3] - Job openings in July are the second lowest since the end of 2020, indicating a significant shift in the labor market since the pandemic [1][3] Group 2 - Since reaching a record of 12.18 million in March 2022, job openings have generally declined due to the Federal Reserve's aggressive interest rate hikes, which have dampened demand [3] - The job openings data has shown considerable volatility, with monthly changes potentially reaching up to 500,000 [3] - The healthcare, retail, and leisure/hospitality sectors saw the most significant reductions in job openings in July, with healthcare vacancies dropping to their lowest level since 2021 [3][5] Group 3 - The ratio of job openings to unemployed individuals has dropped to 1, the lowest since 2021, compared to a peak of 2:1 in 2022, indicating a shift in labor supply and demand balance [3] - Hiring numbers rebounded by 41,000 to 5.308 million, while layoffs increased slightly, reaching the highest level since September of the previous year [5] - The number of voluntary resignations remained stable at 3.208 million, with a voluntary resignation rate of 2%, suggesting a tight labor market [5] Group 4 - Following the JOLTS report, U.S. stock markets saw an increase, and bond yields declined, indicating market reactions to the labor market's cautious outlook [7][9] - Analysts express concerns about the weakening labor market, particularly noting the decline in job openings in the healthcare and social assistance sectors [7] - The Federal Reserve is closely monitoring labor market data for signs of weakness, with expectations of a potential 25 basis point rate cut in the upcoming policy meeting [7]