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165 days

It’s getting ‘uncomfortably difficult’ to find a job. Here are the bright spots in this labor market. - MarketWatch

1. U.S. added 151,000 jobs in February, below expectations. 2. Jobless rate increased to 4.1%; broader unemployment at 8%. 3. Worker confidence in job search hits lowest level since 2020. 4. Healthcare and logistics sectors showed strongest job gains. 5. Networking and open-mindedness critical for job seekers.

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FAQ

Why Bearish?

The rise in joblessness and stagnant job growth signals economic uncertainty, affecting RHI adversely, much like during previous downturns when job growth faltered.

How important is it?

The labor market dynamics significantly impact RHI's core staffing and recruiting business; lower job confidence and potential cuts suggest reduced client spending on staffing.

Why Short Term?

Job market conditions are rapidly changing; RHI may experience immediate fluctuations in demand for staffing services as a result of this environment.

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