5d • General discussion
Morning Brew had an interesting article about job shortages
People are paying recruiters to find them jobs.
I have this feeling like there is so much room for being cheated!
What do you think?
According to recent federal data:
- Job searches now last an average of six months.
- There were more job seekers than job openings last summer for the first time since 2021.
- The economy added the fewest jobs since 2003 last year (outside of recessions). Tomorrow’s January jobs report is expected to revise the tally even lower and show a continued stall in job growth.
Why the slowdown? Tariff uncertainty and added costs led some companies to delay hiring. Others are still undoing pandemic-era hiring bonanzas, and some blame layoffs on AI’s productivity. Recent immigration restrictions also mean there are fewer consumers in the US, which can lower hiring needs, per WSJ.
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Morning Brew had an interesting article about job shortages
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