Published 6 days ago • United States • Updated 5 days ago

Job opportunities are shrinking and layoffs in the federal government just hit their highest level in four years

The Labor Department's Bureau of Labor Statistics reported in its Job Openings and Labor Turnover Survey released on Tuesday that U.S. Job openings fell to 7.568 million by the last day of February.
Rising economic uncertainty, potentially influenced by tariffs on imports announced by President Donald Trump, may have curbed labor demand.
The number of layoffs increased to 1.790 million in February, with data for January revised slightly higher to 7.762 million job openings.
Economists had forecast 7.61 million unfilled positions, and Elizabeth Renter, a NerdWallet senior economist, stated that 'Employers were already hiring fewer people coming into the year' and that 'continued increasing uncertainty across the board economy will hold hiring at lower levels'.
Layoffs in the federal government spiked to 22,000 in February, the highest monthly total since November 2020, suggesting that drastic workforce reductions and fast-moving policy actions by the Trump administration are beginning to impact the labor market, with more federal layoff data expected.

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KEYT

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KVIA

Center

Job opportunities are declining and federal government layoffs are at a four-year high.

By Alicia Wallace, CNN US employers scaled back their hiring plans last month, while federal government layoffs rose to their highest level in more than four years, new labor market data showed Tuesday. The latest data from the Job Openings and Labor Turnover Survey (JOLTS) provided some clues about how President Donald Trump's sweeping policies are upending a long-stable employer in the federal government and injecting uncertainty into the broa…

6 days ago

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Wolf Street

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energynewsbeat.co

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thepatriotlight.com

Far Right

ThePatriotLight - JOLTs Job Openings Drop Despite Odd Jump In Federal Openings; Hires Hit 5 Month High

ThePatriotLight - One month after we got a "goldilocks" JOLTS report which showed an unexpected increase in job openings, hires and quits, moments ago the BLS reported that the US labor market reverted to its deteriorating trendline in February when the US had 7.568 million job openings, a drop from the 7.762 million in January (revised from 7.740 million), down 877,000 from a year ago, and below the 7.655 million estimate.According to the BLS,…

6 days ago

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The Globe & Mail

Center

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CNN

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Job opportunities are shrinking and layoffs in the federal government just hit their highest level in four years

US employers pulled back on their hiring plans last month, while layoffs in the federal government spiked to their highest level in more than four years, new labor market data showed Tuesday.

6 days ago·Atlanta, United States

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Mankato Free Press