From Quartz.

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New labor indicators depict weakening white-collar hiring alongside slowing wage growth, underscoring strain beneath headline jobs data.
The latest BLS jobs report showed 130,000 additions, concentrated in 82,000 health care and 42,000 related care roles. White-collar job openings in professional and business services have fallen to decade lows, and the Employment Cost Index rose 3.3% year over year in late 2025.
Outside those gains, federal employment declined by 34,000, financial services lost 22,000 jobs, and other corporate sectors stagnated despite record capital spending. Openings average 1.6 per 100 employees, hiring resembles 2008, searches last six months, and some candidates pay recruiters or share LinkedIn access. Prices tied to tariffs and health care are eroding purchasing power as openings have fallen 1.4 million since 2022. #whitecollarrecession #jobmarket #wagegrowth #employmenttrends #hiringcrisis

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