NYT
Labor Market Shifts Into Reverse as Employers Balk at Hiring
Friday, August 7, 2026
Employers slowed hiring in summer 2026 compared to spring, according to available labor data. Businesses cited elevated inflation and economic uncertainty as factors affecting hiring decisions. Companies generally maintained existing workforce levels without implementing significant layoffs during the period.
Original reporting: https://www.nytimes.com/2026/08/07/business/economy/heres-the-latest.html
