US Labor Market Easing in the Face of Tariff Uncertainty

U.S. job openings increased in April, but layoffs posted their biggest rise in nine months, suggesting that labor market conditions were softening as tariff uncertainty dims the economic outlook.

The Job Openings and Labor Turnover Survey, or JOLTS report, from the Labor Department on Tuesday also showed the number of people quitting their jobs for greener pastures declined by the most since last November. This was consistent with surveys showing consumers becoming less confident about the jobs market.

Economists say the on-gain, off-again manner...

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