
Hiring Rate Plummets to 3.1%, Lowest Since 2011
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Februarys hiring rate plummeted to 3.1%, the lowest since April 2020, with just 4.8 million new hires, a significant drop from the previous year. Despite steady job openings at 6.9 million, this hiring slowdown is reminiscent of the early 2011 recession, leaving job seekers in a challenging position.
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