Hiring and Job Opening Rates Held Steady During Weak Month of March

The Labor Department’s main jobs report in March showed a small slump in hiring, but a secondary jobs report for that month, released Tuesday, showed little change in the labor market’s underlying momentum.
The secondary report — the Job Openings and Labor Turnover Survey, known as Jolts — tracks the monthly pace at which people start jobs, quit jobs, or are laid off, and the number of job openings. For March, the report showed little change from previous months across all its main rates, despite that downdraft in the main report.

Subsequent data has shown the labor market rebounded in April. That Read More

Source:: wsj