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US Labor Market Sees Sharp Decline in Job Openings Amid Federal Layoffs

US Labor Market Sees Sharp Decline in Job Openings Amid Federal Layoffs

BUSINESS - 4/1/2025

In a surprising turn, US employers have reduced their hiring plans, with federal government layoffs reaching the highest levels in over four years. The latest labor data reveals a concerning drop in job openings, signaling potential economic turbulence ahead.

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