October hiring rate down 24% from pre-pandemic levels, according to LinkedIn jobs report
CNBC Televisionยท2025-11-06 22:18
LinkedIn is out with its monthly jobs report showing a 6% year-over-year drop in hiring in October, down more than 24% from pre- pandemic. For more on the numbers, let's bring in LinkedIn's head of economics for the Americas, Corey Kenta. Corey, we got this challenger report earlier uh pointing to the number of layoffs.That combined with what you're seeing suggests to me a labor market that's perhaps showing some weakness that the markets overall are not. >> Well, the jobs report that we're seeing right now ...