AI Data Insight
The total US hiring rate in Q3 2026 declined to 3.2% from the previous value of 3.4%, highlighting a slowdown in corporate recruitment momentum and falling below market expectations. Amid the contradiction of a slight increase in job openings but reduced hiring, the quits rate dropped to a post-pandemic low of 1.9%, confirming the labor market has entered an extremely rigid, low-mobility period. Looking ahead, the market is closely watching the Federal Reserve's rate cut path and whether the employment slowdown will spill over into the consumer sector.