Simple view of how inflation affects the job market:
If you’re looking for a new job, inflation might be making it tougher. Many companies that aren’t laying people off are simply not hiring. Job postings are down in certain sectors, and some businesses are only filling essential positions
https://finance.yahoo.com/news/job-safe-inflation-impacting-hiring-110032970.html#:~:text=If%20you%27re%20looking%20for,are%20only%20filling%20essential%20positions.
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