Long-Robust U.S. Labor Market Shows Signs of Cooling

2 weeks ago 62

Demand for U.S. workers shows signs of slowing, a long-anticipated development that is showing up in private-sector job postings even while official government reports indicate the labor market keeps running hot.

ZipRecruiter Inc. and Recruit Holdings Co. , two large online recruiting companies, say their data show the number of job postings is declining more than Labor Department reports of job openings. Investors recently hammered shares of those companies after disappointing earnings reports.

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