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From American public media,

this is Marketplace. In Los Angeles, I'm Ka Resdoll. It is Tuesday,

today, the second of July.

Good as always to have you long long everybody. A quick update on Jay Powell's whereabouts as a way to get us going today.

The Fed Chair is in Central Portugal, tough duty I, for a conference organized by the European Central Bank.

There was some incremental news to be had.

Powell says there has been, quote, real progress on inflation, but the Fed wants to see more please more progress and more data

they and we will get more data on Friday with the June unemployment report and there was a labor market preview of sorts this morning with the May

job openings and labor turnover survey say it with me now jolts. If you are out

there looking there were 8.1 million job openings to be had in May,

that's about 200,000 more than the month before.

Overall, the number of job openings has been bopping up and down the past couple of years but generally

trending down and as Marketplace's Supreme Benishore reports that's okay.

So here is one way to look at the latest numbers on the labor market courtesy of

Matt Penyati, senior advisor at Capital Advisors Group. I would say the report was a

bit of a snoozer, honestly. But another way of looking at it is,

It's a very boring report.

Nick Bunker is director of North American economic research at Indeed,

and okay, everyone thinks it's a boring report.

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