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U.S. Job Openings Plummet Amid Economic Slowdown

5/2/2025

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Story summary
  • U.S. job openings dropped to 7.19 million in March, indicating an economic slowdown.
  • Construction job openings fell to 248,000, down from 338,000 last year.
  • Hiring increased by 41,000, reaching 5.41 million, while total separations decreased to 5.14 million.
  • The unemployment rate stood at 4.15%, with 7.08 million individuals unemployed.