March saw a dramatic reversal in the US job market as job openings plunged and layoffs and discharges increased. According to the US Bureau of Labor Statistics, job openings were 384,000 lower than the month before, representing their lowest level since April 2021. Similarly, the number and rate of quits, which are often voluntary job separations initiated by the employee, also declined by 129,000 to 4.0 million. However, the number and rate of layoffs and discharges surprisingly increased in March by 248,000. Julia Pollak, chief economist at ZipRecruiter, attributed this leveling of the job market to it normalizing after two years of highly dynamic and elevated demand. Hires were largely unchanged at 6.1 million. With a volatile US job market, some might be wondering what the future holds.