The November 2022 Workforce Report found that the talent market remained unpredictable despite overall activity staying near levels seen at the beginning of the year. Job openings and hiring activity continued to decline month over month, extending a downward trend that began after August and signaling growing employer caution. In contrast, job application activity remained steady and stayed among the highest levels recorded during 2022, demonstrating sustained job seeker interest despite economic uncertainty. Similar hiring and talent dynamics were observed across healthcare, manufacturing, finance, and technology sectors, where employers balanced workforce needs with changing market conditions. The retail industry stood out as an exception, with hiring activity continuing to rise, likely

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