US employers pulled back on their hiring plans last month, while layoffs in the federal government spiked to their highest level in more than four years, new labor market data showed Tuesday.
The latest Job Openings and Labor Turnover Survey data provided some glimpses of how President Donald Trump’s sweeping policies are upending a long-stable employer in the federal government and injecting uncertainty into the broader economy.
The number of job openings — a measurement of labor market demand — fell to 7.57 million in February, according to the Bureau of Labor
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