Job Openings Surge While Hiring Stays Sluggish

What this episode covers

In this episode of The Macro Memo, Lucas and Luna dig into the latest JOLTS data showing job openings surged to 7.6 million in April while hiring remains tepid. They explore why employers are posting more roles but not filling them, connecting the dots to wage growth, the Fed's rate calculus, and the broader labor market mystery. With the unemployment rate stuck at 4.3 percent and average hourly earnings creeping up, the hosts debate whether this is a sign of structural mismatch or just cautious hiring. Specific data points include the 7,618,000 job openings figure, the 159 million payrolls count, and the 3.63 percent fed funds rate. Perfect for anyone trying to understand why the job market feels hot and cold at the same time. #JobOpenings #JOLTS #LaborMarket #HiringSluggish #WageGrowth #FedPolicy #Unemployment #EconomicMystery #StructuralMismatch #MacroMemo #Economics #FexingoBusiness #BusinessPodcast #FederalReserve #AverageHourlyEarnings #NonfarmPayrolls #JoblessClaims #KevinWarsh Keep every episode free: buymeacoffee.com/fexingo

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Frequently Asked Questions

How long is this episode of The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy?

This episode is 9 minutes long.

When was this The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy episode published?

This episode was published on June 20, 2026.

What is this episode about?

In this episode of The Macro Memo, Lucas and Luna dig into the latest JOLTS data showing job openings surged to 7.6 million in April while hiring remains tepid. They explore why employers are posting more roles but not filling them, connecting the...

Can I download this The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy episode?

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