Mixed signals in U.S. employment as job openings drop, hiring increases, layoffs decline

From Quiver Quantitative LLC: 2025-04-29 21:10:00

In March, U.S. job openings dropped by 288,000 to 7.192 million, reflecting uncertainty over tariffs. Hiring only increased by 41,000 to 5.411 million, while layoffs fell by 222,000 to 1.558 million. The labor market remains stable amidst trade policy shifts. Economists warn of potential job losses in tariff-exposed sectors like manufacturing and transportation. Nonfarm payrolls are expected to rise by 130,000 in April, with the unemployment rate staying at 4.2%. The upcoming employment report will provide insight into the impact of trade policies on labor conditions.



Read more at Quiver Quantitative LLC: Hiring Caution and Layoff Declines Signal Mixed Signals in U.S. Employment