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March JOLTS data reflects ‘a job market that’s no longer here’

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I

f I could turn back time…I

n many ways, March 2025 seems like it was decades ago. The Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS) data for that month feels somewhat like an artifact, reflecting a labor market and economy not yet hit by the Trump administration’s tariffs policy unveiled in early

April.“This data is useful as a benchmark to measure the impacts of tariffs against, but…is already reflecting a job market that’s no longer here,” Glassdoor’s lead economi

st Daniel Zhao told HR Brew.Diving into the data. Job openings fell by 288,000 month over month, to 7.2

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