Market Intelligence

Market reporting and analysis for employers and job seekers, covering hiring conditions, workforce movement, salary expectations and talent trends.

June 2026 Job Market Update

A Healthy Job Market But a Hiring System That’s Sick

On the outside, the job market looks stronger and healthier than it has in months but on the inside that’s not how it feels. Jobs are being created, openings are up, unemployment is steady but the hiring system still isn’t right.

The U.S. economy added 172,000 jobs in May, marking the third consecutive month of positive payroll growth. The unemployment rate held steady at 4.3%, and ADP reported that private employers added another 122,000 jobs during the month. So by the headline numbers, the labor market is still creating jobs and holding steady.