US: The pace of hiring just fell to the lowest since 2011, outside of the pandemic | Metals Mine

  • US: The pace of hiring just fell to the lowest since 2011, outside of the pandemic

    From finance.yahoo.com

    US businesses are adding workers at the weakest pace in 15 years, excluding the onset of the pandemic, new data showed Tuesday, a sign that there was an even deeper chill cutting through the labor market before the Middle East conflict threatened to shake the US economy. Hires as percentage of total employment dropped to 3.1% at the end of February, the lowest rate since April 2020 and, before that, 2011, according to the latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics. The hires rate dropped off from 3.4% in January, marking the steepest one-month decline outside of the pandemic ... (full story)

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Riziq-Cap
Mar 31, 2026 11:40am
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I read a statistic not long ago, on average, a murikan worker need to apply 400 times before getting an interview - I forgot which sector this was related to - but its insane statistic!

Interview does not mean you get the job, the company probably interview 20-50 people.
Trader#A7E4
Mar 31, 2026 12:38pm
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US economic situation is more dire than some may think it is, because financial market tend to focus more on headlines news which are not trust worthy nowadays.
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