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U.S. job openings were unchanged at 6.9 million in March but hiring improved
Hiring improved as employers added 5.55 million gross jobs and more workers quit, even as layoffs rose, the Labor Department said.
- The Labor Department reported Tuesday that U.S. job openings were essentially unchanged at 6.9 million in March, signaling a sluggish American labor market even before the full impact of the Iran war hit the economy.
- Job creation has fluctuated throughout 2026, with 160,000 jobs added in January and 178,000 in March, though employers slashed 133,000 jobs in Feb as the Iran war clouded the outlook.
- The Job Openings and Labor Turnover Survey showed that layoffs rose in March, but more Americans quit their jobs, a sign of confidence in their prospects.
- A survey of forecasters by FactSet expects the report due this Friday to show a steady 57,000 net jobs added last month, with the unemployment rate remaining at a low 4.3%.
- Louis Fed economist Alexander Bick calculated that the break-even rate of monthly hiring could be as low as 15,000 jobs a month, a significant shift from the 153,000 estimate from a year ago.
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Hiring Springs Back in March, Job Openings Little Changed
The long‑described stable but stagnant U.S. labor market showed signs of warming up in March, with hiring momentum continuing, according to new Bureau of Labor Statistics data released on May 5. The number of hires rose by 655,000 from the previous month to 5.554 million. March’s reading was also above the 5.333 million registered the same time a year ago. The increase was driven primarily by professional and business services (165,000), as well…
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Total News Sources46
Leaning Left8Leaning Right8Center20Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 22%
C 56%
R 22%
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