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Even with the looming danger of a full-scale recession, as seen by record high mortgage rates and falling consumer spending, the job market’s strength has continued to act as a buffer. Despite massive layoffs in the tech sector, according to experts, there are employers planning to hire in the coming months as opposed to reductions in force.
Cody Harker, Head of Data Insights at Bayard Advertising – a full-service recruitment advertising agency that focuses on talent attraction, employer branding and recruitment – recently shared with HR Daily Advisor that employers are less worried about potential layoffs and more