Pedestrians walk past a help wanted sign posted on the door of a restaurant in San Francisco, Tuesday, April 18, 2023. (AP File)
Share
Getting your Trinity Audio player ready...
|
WASHINGTON — Employers posted 7.6 million job openings in February, a sign that that the job market is slowing but remains healthy.
The number of vacancies fell slightly from a revised 7.8 million in January and from a 8.4 million a year earlier. Openings have come down more or less steadily since peaking at 12.2 million in March 2022 when the economy was still roaring back from COVID-19 lockdowns.
The American job market has proven surprisingly durable. But it has clearly lost momentum from the frantic hiring days of 2021-2023. And the outlook for hiring is cloudy as President Donald Trump pursues trade wars, purges the federal workforce and promises to deport millions of immigrants working in the United States illegally.
On Friday, the Labor Department issues the jobs report for March. According to a survey of forecasters by the data firm FactSet, it is expected to show that employers added 125,000 jobs last month, down from 151,000 in February and an average 168,000 a month in 2024. The unemployment rate is forecast to tick up to a still-low 4.2%.
RELATED TOPICS:
Fresno Burial Ceremony to Honor Five Abandoned Babies Set for Saturday
4 hours ago
Visalia Man Arrested for Soliciting Sex From Minor in Kingsburg
5 hours ago
Fusion Energy Race Is On. Two Local Lawmakers Want California to Lead the Way
2 hours ago
LA County Reaches $4 Billion Agreement to Settle Sexual Abuse Claims at Juvenile Facilities
3 hours ago
Fresno Man Sentenced to 14 Years in Prison for Deadly Marijuana DUI Crash
3 hours ago
Fresno Burial Ceremony to Honor Five Abandoned Babies Set for Saturday
4 hours ago
Visalia Man Arrested for Soliciting Sex From Minor in Kingsburg
5 hours ago
Fusion Energy Race Is On. Two Local Lawmakers Want California to Lead the Way
2 hours ago
LA County Reaches $4 Billion Agreement to Settle Sexual Abuse Claims at Juvenile Facilities
3 hours ago
Fresno Man Sentenced to 14 Years in Prison for Deadly Marijuana DUI Crash
3 hours ago
Fresno Burial Ceremony to Honor Five Abandoned Babies Set for Saturday
4 hours ago
Visalia Man Arrested for Soliciting Sex From Minor in Kingsburg
5 hours ago

Markets Plunge With S&P 500 Down 6% and Dow Down 2,200 After China Retaliates

Fresno Police Searching for Missing 12-Year-Old Girl

Fusion Energy Race Is On. Two Local Lawmakers Want California to Lead the Way

LA County Reaches $4 Billion Agreement to Settle Sexual Abuse Claims at Juvenile Facilities
