Tag: labor market

Tag: labor market

Hiring Hesitates as Economy Wobbles

Job Growth Slows Private-sector hiring hit a two-year low in May, with just 37,000 jobs added, according to ADP. Economists expected 130,000, showing a sharp slowdown from April’s 60,000. Uncertainty from tariffs and trade policies has employers holding back. Nela Richardson, ADP’s chief economist, noted a “hiring hesitancy” rather than a collapsing labor market. This

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Recruitment Trends Amid Economic Shifts

Job Market Resilience Despite economic headwinds, the U.S. labor market added 228,000 jobs in March 2025, indicating continued resilience. However, certain sectors are experiencing layoffs and hiring slowdowns. ​(source: Recruitics Blog; NCCI Holdings Inc.) AI’s Impact on Employment Artificial intelligence is projected to create 170 million new jobs globally while eliminating 92 million positions by

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