# Labor Market Cooling Amid Hiring Slowdown | Spokane News

Page: https://stenobird.com/podcast/spokane-news-today-2-min-the-daily-news-now-7569664/labor-market-cooling-amid-hiring-slowdown-spokane-news
Text version: https://stenobird.com/podcast/spokane-news-today-2-min-the-daily-news-now-7569664/labor-market-cooling-amid-hiring-slowdown-spokane-news.md
Podcast: [Spokane News Today | 2 Min | The Daily News Now!](https://stenobird.com/podcast/spokane-news-today-2-min-the-daily-news-now-7569664)
Published: 2026-07-02T21:06:29+00:00
Episode link: https://api.fastcast.ai/audio/813c7b82-8fea-4b15-b78a-99105bba7f8a.mp3
Audio file: https://api.fastcast.ai/audio/813c7b82-8fea-4b15-b78a-99105bba7f8a.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/spokane-news-today-2-min-the-daily-news-now-7569664/episodes/labor-market-cooling-amid-hiring-slowdown-spokane-news
Duration seconds: 93

## Resource

Hiring slowed to a crawl last month, with just 57,000 new jobs—far below expectations—and prior months’ figures revised down. While unemployment dipped to 4.2% thanks to 720,000 people exiting the workforce, the leisure and hospitality sector suffered its biggest job losses since the pandemic. Rising gas prices and inflation are likely curbing spending, especially on dining out. Economists describe the labor market as “low hire, low fire,” with companies holding steady on layoffs but hesitant to hire. The Fed remains laser-focused on inflation, and markets may have overcorrected on interest rate expectations. Still, Q2 employment averaged 111,000 gains—better than last year—and some household surveys hint at improvement, including fewer part-time workers and shorter unemployment spells. The picture remains complex, shaped by global events and domestic policies. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/ee66233d706677fb

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/spokane-news-today-2-min-the-daily-news-now-7569664/episodes/labor-market-cooling-amid-hiring-slowdown-spokane-news/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/spokane-news-today-2-min-the-daily-news-now-7569664/labor-market-cooling-amid-hiring-slowdown-spokane-news.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.