Hires Rate, 2013-2025 

Hiring has slowed to its lowest rate since 2013, excluding the early days of the pandemic.

U.S. Bureau of Labor Statistics, Hires: Total Nonfarm [JTSHIR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/JTSHIR, August 8, 2025. Shaded regions indicate a recession.
Source: The Federal Reserve Bank of St. LouisGet the dataEmbed Download imageCreated with Datawrapper