https://www.taxtmi.com/news?id=45902 US regulatory measures - notably the imposition and inconsistent application of tariffs, tighter immigration enforcement, and reductions in federal contracts and personnel - are producing measurable but incomplete effects on the labor market. Hiring has slowed despite continued job gains, with mixed indicators: rising job openings alongside fewer quits, slightly higher layoffs and increasing initial unemployment claims. Trade-driven import timing shifts and subsequent declines have subtracted from GDP growth and threaten jobs in warehousing, trucking and logistics, while contracting and federal personnel cuts amplify demand uncertainty in affected sectors. en-us Fri, 06 Jun 2025 18:46:03 +0530 Fri, 06 Jun 2025 18:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45902 US regulatory measures - notably the imposition and inconsistent application of tariffs, tighter immigration enforcement, and reductions in federal contracts and personnel - are producing measurable but incomplete effects on the labor market. Hiring has slowed despite continued job gains, with mixed indicators: rising job openings alongside fewer quits, slightly higher layoffs and increasing initial unemployment claims. Trade-driven import timing shifts and subsequent declines have subtracted from GDP growth and threaten jobs in warehousing, trucking and logistics, while contracting and federal personnel cuts amplify demand uncertainty in affected sectors. News - Fri, 06 Jun 2025 18:46:03 +0530 https://www.taxtmi.com/news?id=45902