US Job Postings Edge Up 1.0% in June as Unemployment Falls to 4.2%
Updated
Updated · Indeed Hiring Lab · Jul 23
US Job Postings Edge Up 1.0% in June as Unemployment Falls to 4.2%
1 articles · Updated · Indeed Hiring Lab · Jul 23
Summary
Indeed’s June data showed hiring demand largely stuck in place, with the Job Postings Index at 101.0—up 1.0% from May but still 3.7% below a year earlier and only slightly above its pre-pandemic baseline.
That steadiness reflects a low-churn market: hires remain near 11-year lows, quits have stayed at or below 2% for almost a year, and low layoffs are still keeping net hiring positive.
The 4.2% unemployment rate was the lowest of 2026, but Indeed said the drop came for the wrong reasons rather than a clear fall in the number of unemployed; the vacancy-to-unemployment ratio held at 1.0 in May.
Posted wages rose 2.4% from a year earlier, trailing 3.5% CPI inflation and pointing to weaker real purchasing power for households.
Sector gaps remain wide, with many engineering and healthcare postings still about 30% above February 2020 levels while software development is roughly 27% below; AI-related postings have climbed to 5.9% and may be helping revive some tech demand.