Fri, 13 Feb 2026
As hiring rates and job openings drop, some worry a tough job market could be here to stay.
* In some sectors, hiring rates have dropped to multi-year lows
* Despite low unemployment rate (4.3%), many are struggling to find work
* Some experts warn of a potential "jobless growth" due to technological advancements and automation
* Concerns about the impact of AI on employment have been discussed at international forums such as Davos
* Economic growth remains strong, but its sustainability is uncertain
Job seekers' struggles
* Many are applying for hundreds of jobs without success
* Some are relying on support from family members to avoid homelessness
* Experts warn that the current situation may be more than just a temporary blip
Economic factors contributing to job market uncertainty
* Government spending cuts and tariffs have contributed to uncertainty in the job market
* The impact of immigration restrictions is still unclear, but it's having an effect on population growth and labor demand
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