Hiring remained steady at 5.2 million, while total separations were nearly unchanged at 5.1 million. Voluntary quits held at 3.1 million, suggesting workers’ confidence in changing jobs was stable, while layoffs and discharges remained at 1.7 million, indicating limited movement in employer-driven job losses.
The data points to a stable but cooling labor market, with hiring, job availability, and worker movement showing little change. Minor increases occurred in areas such as wholesale trade job openings and federal government hiring, while most industries remained broadly unchanged.
