Where are all the new jobs? Hiring slows again — and it probably won’t speed up soon.
The U.S. labor market, which had seen a burst of new employment earlier this year, is now facing a hiring slowdown that's making it tougher for job seekers. Fewer help-wanted ads and a summer slump in hiring indicate that the road to finding work may not get any easier anytime soon. This deceleration in hiring could reflect broader economic shifts, including changes in business investment and consumer spending patterns, which have implications for economic growth and recovery. The stagnation in job opportunities is particularly concerning as it may delay the full economic rebound post-pandemic.
Original Source
Read the full article at Marketwatch →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.