This is a preview. View original post on this site
Today, the Fed decided to maintain the federal funds rates target, as reported by the Federal Reserve. There will likely be a number of implications for the recruiting and hiring industry if the Fed will continue to raise interest rates, again, in the future.
One of the most immediate impacts is likely to be a slowdown in hiring. As interest rates rise, businesses become more cautious about investing in new employees. This is because it becomes more expensive to borrow money, and businesses are less likely to be able to pass on these costs to customers.
Another impact of rising
