Episode Details

Job openings surged to a five-year high in April, but economists warn it might be misleading—much of the jump came from professional services and could be revised down. Meanwhile, actual hiring dropped, and quit rates fell, signaling worker caution. Global tensions, especially in Iran, are rattling commodity markets and slowing business expansion. Most new openings are at small businesses, while layoffs ticked up in food services. Overall, both workers and employers are playing it safe—stable but sluggish.

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