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US JOLTs Job Openings Preview – 30.9.25
On Tuesday, 30 September 2025 at 15:00 UK (10:00 ET), the BLS releases August JOLTS, one of the cleanest reads on underlying U.S. labor demand and an input the Fed watches for confirmation that the jobs market is re-balancing without undue stress. July openings printed 7.181M, with quits steady at 2.0%, leaving roughly one unemployed worker per vacancy, far cooler than 2022’s extremes but still tight by historical standards. For August, our base case is a modest downside versus the 7.1M consensus, with a point estimate around 7.0 – 7.05M. That call leans on softer small-business hiring intentions, continued ... (full story)