Job openings have been steadily declining for 34 months as employers hit pause amid global uncertainty and rising interest rates. Surveys show more people actively seeking work due to layoffs, while recruiters report fewer opportunities and growing job insecurity. Permanent hires are down, temporary roles are cooling after a small uptick, and overall hiring remains sluggish — though there’s a faint spark: permanent hires rose slightly for the first time in four years, hinting at possible recovery. Experts urge government action to boost business confidence and reignite growth.
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