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It seems like there are a lot of stories along those lines. I suspect a lot of companies willed themselves into harboring optimistic thoughts as last year ended and planned on doing some hiring early this year. And perhaps they're not seeing what they were hoping to see at this point. Let's hope things turn around soon.
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I think you are right. It feels like companies planned for growth, then pulled back once reality set in. The whiplash is what makes it draining. I am trying to stay steady and not let market mood swings dictate my self worth.