This post was originally published on this site
I
f there’s one word to describe the labor market right now, it’s “unce
rtainty.”Businesses appear to be hunkering down on talent acquisition as they face a number of challenges in early 2025, including potential tariffs and renewed concerns over a recession. As such, labor turnover remained largely unchanged in February, according to the latest Job Openings and Labor Turnover Survey (JOLTS) data from the Bureau of Labor Statistics. Total hires and quits changed little or even decreased month over month (MoM), while job postings dec
lined slightly.“During high uncertainty times, it’s not surprising that companies scale back,” Sevin Yeltekin, a macroeconomist and