In the wake of the March jobs report, which revealed a robust addition of 303,000 jobs to the US labor market, LinkedIn Americas Head of Economics Kory Kantenga joins Yahoo Finance Live to share insights on the hiring trends observed across the LinkedIn platform.

Kantenga notes that the tech sector has been on a “stable” path of job recovery since June 2023. He also highlights other sectors, such as government administration and consumer services, that have maintained stability in their hiring activity.

Kantenga reports that there has been an uptick in “job seeking activity,” with applicants increasingly submitting more applications and open-to-work offerings, despite there being “less job postings to get”. However, he anticipates a slowdown in the labor market as the outlook for Federal Reserve rate cuts remains uncertain, which could potentially heighten competition among job seekers.

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