Job seekers are sour on the cooling labor market

Job seekers are sour on the cooling labor market


Key Points
  • Job seekers are feeling less confident about their ability to land a new gig.
  • The labor market has cooled from a red-hot pace in 2021 and 2022. The unemployment rate has increased and businesses aren’t hiring as readily.
  • While data suggest the labor market remains strong, further cooling could be troublesome, economists said.



Source

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