Source: Bloomberg News (04/01/25)
US job openings fell more than expected in February to 7.57 million, driven by declines in retail, finance, and hospitality. Despite the drop, layoffs remained low and the job market continues to cool gradually. Hiring held steady at a 3.4% rate, near its lowest since early in the pandemic. Economic uncertainty tied to President Trump’s policies may be contributing to cautious business hiring and investment.
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