US Hiring Rates Dwindle to 2009 Levels

Reported about 11 hours ago

Recent data from Vanguard reveals that U.S. job creation has slowed significantly, reaching the lowest sustained pace since 2009, coinciding with the last economic recession. In the first nine months of 2025, the job growth rate averaged just 0.1%, a stark contrast to the peak of 0.36% in 2022. Despite this slowdown, there have been no significant layoffs, leading to a fragile yet stable job market. Employers are hesitant to increase or decrease their workforce amid uncertain economic policies, indicating a 'low hire, low fire' environment. While job seekers may face challenges, those currently employed experience stable income growth.

Source: YAHOO

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