Core Insights - LinkedIn's monthly jobs report indicates a 6% year-over-year decline in hiring for October, which is over 24% lower than pre-pandemic levels [1][3] - The job market appears to be showing signs of weakness, despite overall market stability, with hiring and quits remaining consistent with September figures [2][3] - The number of job openings relative to job seekers has remained stable, suggesting a slow job market but not drastic changes throughout the year [3] Labor Market Dynamics - College graduates with bachelor's degrees are performing comparably to the overall labor market, while those with advanced degrees (MBAs, JDs) are faring worse [5] - Industries that typically employ advanced degree holders, such as technology, media, legal, accounting, consulting, and financial services, have been significantly affected by the labor market slowdown due to rising interest rates [6]