US Labor Market Slows
The US jobs market is cooling, evidenced by June seeing only 57,000 job posts, half of the expected volume.
1World Business Report
US Jobs Market Cools Amid EU Travel Chaos and Celebrity Wedding Speculation
This episode examines the slowing US labor market, hiring difficulties in the restaurant industry, and technical glitches disrupting European airport border controls.
The US jobs market is showing signs of cooling, with only 57,000 posts created in June, which is half the expected number.
1Listen to the source episode
How much could Taylor Swift's wedding cost?
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Restaurant Hiring Challenges
Restaurant owners are facing increased difficulties in hiring staff, contributing to the broader labor market trends.
2EU Border Control Glitches
Technical issues in the new EU-wide border control system are causing chaos at European airports, leading to significant delays for travelers.
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“What factors are contributing to the cooling US jobs market?”
“How do EU border control glitches affect non-European travelers?”
“What are the implications of reduced job postings for the restaurant industry?”
Background reading
The context behind the episode.
Labor Market
Cooling Employment Trends
With June job postings at 57,000, half the expected number, the US labor market is demonstrating clear signs of cooling. This slowdown is reflected in the experiences of restaurant owners who report increasing difficulties in hiring staff.
12Travel Disruptions
European Airport Chaos
Glitches in the new EU-wide border control system have caused significant disruptions at European airports. One businessman was delayed by 12 hours, raising concerns about a potential summer of misery for non-European travelers.
34Questions
Questions to carry into the episode.
What is the impact of the EU border control system glitches?
The glitches are causing chaos at European airports and significant delays for travelers, including a businessman delayed by 12 hours.
34Why is it getting harder for restaurant owners to hire?
The episode discusses with a restaurant owner about the increasing difficulties in hiring, reflecting broader labor market cooling.
2Experts
Voices named in the source.
Travel expert
Expert on EU border control impacts
4Sources and disclosure
Where this guide comes from.
This guide is based on the World Business Report episode titled 'How much could Taylor Swift's wedding cost?' published on 2026-07-02.
- Publisher show notes
With just 57,000 posts created in June, half the number expected, the US jobs market is showing signs of cooling.
- Publisher show notes
We talk to a restaurant owner about why it's getting harder to hire.
- Publisher show notes
And the latest on the computer gremlins causing chaos at European airports.
- Publisher show notes
We hear from the family of a businessman delayed by 12 hours and a travel expert: Are glitches in the new EU-wide border control system going to spell a summer of misery for non-European travellers?
- Publisher show notes
Also, if you were to hold your wedding in Madison Square Garden, how much would it set you back?
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