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The talent market is still strong, but it is beginning to shift again. iCIMS data shows that job openings, applications and hires are all up from January 2022, but trending downward month-over-month. Activity levels are beginning to normalize from the extreme job growth demands we have been seeing the last year or so.
Job seekers continue to hold the power but there may soon be a shift in the dynamics between employers and talent. Employers that can be agile with their hiring strategies will be most successful as the landscape ebbs and flows.
