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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 inflation concerns and Federal Reserve policies continue to pressure the economy.

[Via]

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