Companies aren’t so worried that they’re letting a lot of people go, but they’re also not so confident that they’re hiring a lot of people.piece, is very important to me. I worry most about the drop in the hiring rate now—not so much about it being recessionary but about the lost potential. Also, there’s some personal news at the end.was awesome after months of cooling in the labor market and reinforced other signs of economic strength.
Yet this hesitation, which could lead to further increases in the unemployment rate and softer payroll gains, will only feed worries about recession risks.
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