Job market faces downturn as hiring plummets amid geopolitical tensions
Hiring rates have reached a low not seen since the onset of the COVID-19 pandemic, signaling potential instability in the job market. Economist Heather Long warns that escalating conflict with Iran may prompt companies to begin layoffs. This shift comes as…
- Hiring rates have reached a low not seen since the onset of the COVID-19 pandemic, signaling potential instability in the job market.
- Economist Heather Long warns that escalating conflict with Iran may prompt companies to begin layoffs.
- This shift comes as inflation concerns and Federal Reserve policies continue to pressure the economy.