Data: FRED; Chart: Danielle Alberti/Axios

The June reading of the Labor Department's Job Openings and Labor Turnover Survey showed substantially less jobs were added in June than the department's nonfarm payrolls report.

By the numbers: The JOLTS report showed 6.70 million hires, down by 503,000 from the month before, and there were 4.76 million separations, up 522,000 from May.

  • In total, there were 1.94 million more hires than separations in June, less than half of the 4.79 million increase shown in June's payrolls report.

Why it matters: JOLTS is a more comprehensive analysis of the labor market than the more popular and timely monthly jobs report.

  • JOLTS counts jobs for the entire month, rather than just the period near the 12th day of the month, meaning it picks up new hiring and separations in the second half of the month.

Between the lines: The June Quit Rate was 1.9%, up three-tenths from the month before, but still below the 2.3% rate that was the recent norm.

  • That difference between the number of quits in February and June was 838,000, illustrating a declining confidence among the labor force.
  • The report also found 5.89 million job openings in June, up for the second month in a row from 5.37 million in May.

Go deeper

Bryan Walsh, author of Future
Sep 9, 2020 - Politics & Policy

Concerns about "armed insurgency" in the U.S. are on the rise

Data: FBI; Chart: Axios Visuals

Growing waves of street violence between armed groups — combined with evidence of record gun sales — has some experts worried the U.S. could be facing an "incipient insurgency."

Why it matters: Despite its high murder rate compared to other rich countries, organized political violence has been rare in the U.S. in recent decades. But growing clashes in the streets, combined with an election that may remain uncertain for weeks, forecasts a turbulent fall — and beyond.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 8 a.m. ET: 33,396,784 — Total deaths: 1,002,628 — Total recoveries: 23,182,295Map.
  2. U.S.: Total confirmed cases as of 8 a.m. ET: 7,150,117 — Total deaths: 205,091 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Business: Companies are still holding back earnings guidance.
  4. Health: Trump announces plan to distribute 150 million rapid tests —The childless vaccine.
  5. Media: Fauci: Some of what Fox News reports about COVID-19 is "outlandish"
  6. States: Cuomo extends New York moratorium on evictions until 2021.
  7. World: More than 1 million people have now died from coronavirus — India the second country after U.S. to hit 6 million cases.