273 days ago • Posted by Paul de La Baume

Hiring on LinkedIn plunges #macro #markets #stocks #investing $SPY

The LinkedIn hiring rate is a measure of hires divided by LinkedIn membership. The US LHR was down 6.5% month over month seasonally adjusted, its biggest 1 month decline since 2020 ! Hiring is now down 30.8% from April 2022 (when declines began), and 27.9% year over year. Source: Guy Berger - Chief Economist at LinkedIn