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MarketWatch
MarketWatch
US · 2 hrs ago
75◉ Centre
The Iran war hasn’t slowed the economy, but higher inflation leads companies to freeze hiring
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Quality 75/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Despite economic growth in May, US companies are implementing hiring freezes in response to elevated inflation rates, creating challenges for job seekers.

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The Iran war hasn’t slowed the economy, but higher inflation leads companies to freeze hiring
The largest part of the economy grew faster in May, even as businesses were coping with the worst inflation in several years — at a cost to job seekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.
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