The March 2023 Workforce Report found that labor market activity cooled after the strong surge in employer and candidate activity seen at the start of the year. In February, job openings, applications, and hires all declined, reflecting a slowdown that was partly influenced by normal seasonal patterns. However, the report noted that the sharp increase in openings and applications during January did not translate into higher hiring levels, raising questions about employer confidence and recruitment momentum. Hiring fell across the United States, with the western region experiencing the largest decrease. At the same time, hiring of out-of-state candidates remained stable despite growing discussions about return-to-office policies and increased in-person work expectations. Drawing on extensiv

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