Job openings saw an unexpected rise for the month of April. According to data from the Bureau of Labor Statistics, available jobs rose by 191,000 from the previous month to nearly 7.4 million.
The increase was higher than the 7.1 million jobs FactSet economists had anticipated for the time period. The percentage of unemployed workers dropped from 1.03% to 1%, and hiring rose by 169,000 to 5.6 million.
Federal job openings are up
Somewhat surprisingly, given the Department of Government Efficiency’s mass layoffs, federal job openings also rose. In March, there were 121,000 federal jobs open. In April, that number was up to 134,000. Federal layoffs also fell to 4,000 from 8,000 in March. That was down from a staggering 19,000 in February.
While DOGE cut at least 280,000 jobs during Presi