The employment data announced in the US for March 2025 show a significant slowdown in the labor market. The decrease in the number of job postings and the decrease in the rate of layoffs are increasing the expectations in the markets for an interest rate cut.
📉 Job Postings and Layoff Data
Job openings fell by 288,000 to 7.192 million in March, the lowest since September 2022 and below the 7.490 million expected by economists, according to the U.S. Department of Labor data. February's figure was revised to 7.480 million.
Reuters
The number of layoffs also fell by 222,000 to 1.558 million, suggesting that companies are moving to protect their workforces.
Reuters
🔍 Interest Rate Cut Expectations
Market players predict that the US Federal Reserve (Fed) may cut interest rates due to weak employment data and falling consumer confidence. According to Polymarket data, the probability of a rate cut in 2025 seems high. However, no interest rate change is expected in May.
💡 Economic Outlook
Analysts say the weakening economic indicators could prompt the Fed to change its monetary policy, particularly as factors such as trade policies and federal labor force cuts could negatively impact economic growth.
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