AI Data Insight
The newly released US Q3 2026 (July) JOLTS total separations dropped to 5.072 million, a significant decline from the previous 5.351 million, highlighting a further cooling of the job market. Detailed data shows a dual decline in both voluntary quits and layoffs, indicating weakening overall mobility. Experts believe the labor market has entered a new normal of low mobility, with no immediate risk of a large-scale recession in the short term.