Job openings unexpectedly increased in April, a sign of US labor market resilience
CNN
The number of available jobs in the US unexpectedly increased in April, signaling a potential undercurrent of strength in the labor market despite broader economic uncertainty.
The number of available jobs in the US unexpectedly increased in April, signaling a potential undercurrent of strength in the labor market despite broader economic uncertainty. Job openings totaled an estimated 7.39 million at the end of April, up from 7.2 million in March, according to new data released Tuesday by the Bureau of Labor Statistics. President Donald Trump’s sweeping (and frequently shifting) policy moves, especially related to global trade, have injected incredible uncertainty into the US economy, rattling markets, shaking consumer confidence and freezing business decisions. Economists were expecting that job openings — a measurement of labor market demand — would fall for the third consecutive month to 7.1 million, according to FactSet consensus estimates. This story is developing and will be updated.
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