[HN Gopher] Sharp U.S. Hiring Slowdown Signals Cooling Economy A...
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       Sharp U.S. Hiring Slowdown Signals Cooling Economy Ahead
        
       Author : pretext
       Score  : 23 points
       Date   : 2023-11-03 16:55 UTC (6 hours ago)
        
 (HTM) web link (www.wsj.com)
 (TXT) w3m dump (www.wsj.com)
        
       | smileysteve wrote:
       | Same Article on MSN
       | 
       | https://www.msn.com/en-us/money/markets/sharp-u-s-hiring-slo...
        
       | superduty wrote:
       | Precisely the intention of the rate hikes and other Fed actions.
       | Winter is coming.
        
       | __loam wrote:
       | My gut check here is this is basically what already happened in
       | tech. I'm actually getting a lot of recruiting messages now but
       | it really slowed down a few months ago. We've been hearing that
       | the rest of the economy is still quite strong outside the tech
       | bubble and even growing, with good wage growth generally. It's
       | not too surprising that the rate increases are catching up to the
       | rest of the economy. I suspect the fed will keep rates high until
       | next year then bring things back a bit once inflation indicators
       | have gone down. They're trying to ride the line here to keep
       | inflation under control without destroying the economy.
        
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       (page generated 2023-11-03 23:02 UTC)