US Job Openings Unexpectedly Climb In April Despite Tariff Concerns

Benzinga

US job openings rose unexpectedly in April to 7.39 million from 7.20 million in March, according to Bloomberg. Private-sector job openings grew in professional services, business, health care, and social assistance. Openings declined in manufacturing, leisure, hospitality, and state and local education, while federal government vacancies increased. Layoffs also rose, and voluntary quits dropped, signaling reduced worker confidence. The ratio of job vacancies to unemployed workers remained at 1.0, matching pre-pandemic levels after peaking at 2 to 1 in 2022.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02U.S. job openings rose unexpectedly in April of 7.39 million from 7.2 million in March.

00:08According to Bloomberg, private sector jobs openings grew in professional services,

00:12business, health care, and social assistance.

00:15Openings declined in manufacturing, leisure, hospitality, and state and local education,

00:20while federal government vacancies increased.

00:22Playoffs also rose.

00:23Voluntary quits dropped, signaling reduced worker confidence.

00:26The ratio of job vacancies to unemployed workers remained at 1.0,

00:30matching pre-pandemic levels after peaking at 2 to 1 in 2022.

00:35For all things money, visit Benzinga.com slash GSTV.

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