Even if an economic downturn were to materialize, labor markets will likely remain tight and companies will find it harder to hire and retain employees, according to a new joint report by Indeed and Glassdoor. “The economies of many countries could slow or even fall into recession as central banks work to lower inflation. But…
Labor Markets Likely to Stay Tight Despite Recession: Study
November 17, 2022
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Business & Marketseconomyhiring freezejob cutspopulation growthrecessionU.S. labor marketUSwage cuts
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About 45 Percent of Small US Businesses Are Freezing Hiring Amid Soaring Inflation, Labor Costs
July 23, 2022
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Business & MarketsBusinesses in COVID-19Companieseconomyhiring freezepersonal financerecessionsmall business ownersU.S. businessesUS
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About 45 percent of small business owners in the United States are freezing the hiring of new workers because of high labor costs and skyrocketing inflation, according to the Alignable July Hiring Report. A competing survey came up with similar results, interviewing 4,739 small business owners, conducted from late June through mid-July. This is despite 51…
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