The December 2022 Workforce Report highlighted mixed signals in the labor market as employers and job seekers approached year-end amid economic uncertainty. Job openings, applications, and hiring activity continued to decline, extending a trend that had been observed for several months. While these decreases generated concern about the health of the labor market, the report suggested that much of the slowdown could be attributed to normal seasonal patterns commonly seen at the end of the year. Similar declines had appeared in previous years as organizations paused hiring activities and candidates delayed job searches during the holiday season. Drawing on extensive employer and candidate data, the report indicated that although labor market activity was cooling, the trend did not necessaril

Join for free to read