Labor costs in the United States rose moderately in the first quarter.

Labor costs in the first quarter in the United States rose moderately, as the economic uncertainty caused by tariffs cooled labor demand. Labor costs in the first quarter of the United States increased by 0.9%, the same as the previous quarter. Data released on Tuesday showed that there were 1.02 job openings for every unemployed person, slightly lower than 1.06 in February. President Trump's comprehensive tariffs have weakened business confidence, with some economists worried that this may soon unemployment. Economists predict that the Federal Reserve will cut interest rates again at some point this year.