emergencyBreaking NewsCalifornia crash victims face $1.9 million fatal crash cost risk due to slowest response times in U.S.Fidelity’s FFUT ETF brings institutional-grade managed futures to retail investorsMedian US Savings and Debt Benchmarks Reveal Financial GapWallingford Home Values Rise 6.4 Percent in One YearCheshire Home Values Rise 4.9 Percent Over Past YearCalifornia crash victims face $1.9 million fatal crash cost risk due to slowest response times in U.S.Fidelity’s FFUT ETF brings institutional-grade managed futures to retail investorsMedian US Savings and Debt Benchmarks Reveal Financial GapWallingford Home Values Rise 6.4 Percent in One YearCheshire Home Values Rise 4.9 Percent Over Past Year
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Home/Briefs/employment trends
BriefApril 16, 2026 · 10:06 PM

LinkedIn Data Shows Hiring Down 20% as Borrowing Costs Squeeze Headcount

Hiring has plummeted 20% since 2022. LinkedIn data shows this contraction is the result of elevated borrowing costs forcing businesses into defensive mode. The Federal Reserve increased interest rates through 2022 and 2023, which caused companies to freeze expansion plans and scrutinize every hire. LinkedIn attributes the decline to macroeconomic forces rather than AI automation replacing workers.

Marcus Donnelly
employment trendsmacroeconomic policylabor market

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