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Can you say “white-collar recession?”

So, 82% of those surveyed by recruiting tech company Employ, Inc., say a white-collar recession is happening amid growing layoffs in middle management. It’s taking a toll, too. Two-thirds of white-collar job seekers report burnout due to a stagnant job market.

Job postings for desk-based workers have declined YOY, meaning more workers are competing for fewer roles. Plus, the job market’s splitting.

“We’re seeing two very different job markets emerge — one overwhelmed with applications and another starved for talent,” Stephanie Manzelli, Chief Human Resources Officer at Employ, told HR Dive.

TA pros won’t be

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