U.S. and EMEA markets saw a sharp slowdown from October to November, far steeper after November than typical seasonal dips. Elevated openings paired with hiring cuts signal structural cooling as companies prioritize caution over expansion.
Competition for open roles is up, but steady hiring pace and employer caution may be cooling candidate momentum.
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U.S. and EMEA markets saw a sharp slowdown from October to November, far steeper after November than typical seasonal dips. Elevated openings paired with hiring cuts signal structural cooling as companies prioritize caution over expansion.
Applications cool in November. Applications dropped 21% since October but were still 6% higher year over year.
Openings remain high in EMEA. Although there has been a gradual decline in openings since the spike in September, they remain 13% higher than last year.
June was hot for hiring. It marked the peak hiring month across industries in the U.S.
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