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There are still technically millions of fewer job postings today than pre-pandemic. Industries like hospitality/restaurants are still hiring like crazy and industries/businesses that serve them are seeing growth too. Other sectors, not so much (tech, banking, construction, professional services).
Growth is often financed (bank loans), so companies will be cautious before building out teams too quickly so they’re keeping postings open (way longer) and seeing what caliber is there. Once fed drops rates a bit and borrowing costs go down they will pull the trigger and return to the hiring spree we saw 2021-22.