Major Tech Companies Freeze Hiring As Job Market Slows Down

Companies like Meta, Google and Apple stopped hiring, while the Department of Labor said unemployment dropped to 3.5%.

Monday, October 10th 2022, 10:48 am

By: News 9


Companies like Meta, Google and Apple stopped hiring, while the Department of Labor said unemployment dropped to 3.5%.

The department also said more than 200,000 jobs were added in September.

However, business analysts said the Federal Reserve may continue to raise the interest rate to combat inflation.

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