April job openings, hires, quits, and layoffs: possibly the last month before the effects of Tariff-palooza! are felt

 – by New Deal democrat The JOLTS survey, which decomposes the employment market into job openings, hires, quits, and layoffs, was reported this morning for April. In 2024 the data were most consistent with a “soft landing,” but the actions of the new Administration, especially on trade, have exacerbated the fear that this might transform into […]