Employers’ hiring appetites are dwindling, as job postings were down more than 15% in 2023 compared to recent years, according to data courtesy of American employment website Indeed.
As of Dec. 29, 2023, open positions on the site declined more than 15% from a year earlier, according to data from Indeed shared with The Post.
Separately on Wednesday, the Labor Department said job openings at US employers reached their lowest levels since early 2021, as did the number of people quitting their jobs — a signal of shaky confidence in the job market.
There were only two sectors where jobs are up on a year-over-year basis: physicians and surgeons and driving, which includes long-haul and delivery drivers, Nick Bunker, an economist at the Austin, Texas-based jobs site, told The Post.
While job postings “are less plentiful” across all other sectors, “there are still plenty of jobs,” Bunker added, noting that while there’s many year-over-year decreases, most industries’ openings are up compared to pre-pandemic levels.
“Employers were really looking to ramp up and hire [post COVID]. For the most part they did and now, in many sectors, they’re becoming less ambitious,” Bunker said. “That’s why you’re seeing postings moderate.”
Indeed’s Job Posting Index, which tracked job postings as of early November 2023, showed an even bleaker drop of 22.5% from their Dec. 31, 2021 peak following a post-COVID hiring frenzy.
For reference, at the start of 2022, job postings on Indeed had skyrocketed nearly 70% from the year prior.
Since then, open positions for software developer roles reportedly took the biggest hit, plummeting a staggering 51.3% in the one-year period from November 2022 to 2023, according to Indeed.
Human Resources and communications departments in the US didn’t fare much better, each slashing its postings by roughly 35%.
And listings across IT operations, banking and finance and marketing also sunk some 33% across all three sectors.
Postings for child-care workers also declined over the past year, though there were still 46% more at the end of 2023 than during the pandemic, in February 2020, Indeed’s data showed, which was earlier reported on by The Wall Street Journal.
Similarly, postings for food-preparation and service roles dropped over the course of 2023, but were up 23% from pre-pandemic levels.
Also in recent month, figures from the Labor Department have shown a slowdown in employment growth, though US employers still managed to add a surprisingly-strong 199,000 jobs in November.
The job market’s cool-down began in October, when the month’s payroll gain came in at 150,000 — a sharp downturn from the blockbuster 336,000 jobs added in September, per data from the Bureau of Labor Statistics.
The federal agency is set to release December’s jobs report on Friday.
According to economists surveyed by The Journal, employers likely added 170,000 jobs in December, with more than 2.7 million added over the entire year — around 40% higher than the 2019 gain.
If there is a downturn [in 2024], the sectors mostly likely to decline are those more closely tied to discretionary spending like retail, food service and hospitality, Bunker told the news site.
Federal Reserve Chair Jerome Powell has also said that “the era of this frantic labor shortage [is] behind us.”
In December, Powell listed a variety of indicators showing the labor market had come back into balance, The Journal reported, including the number of job openings, labor-force participation rates and the rate at which workers are quitting jobs.
Sean “Diddy” Combs kidnapped a former aide at gunpoint to join him as he attempted to confront love rival rapper Kid Cudi, his sex-trafficking trial has been told.
Capricorn Clark, who worked for the Bad Boy Records co-founder in different roles on and off for several years, told the court he banged on her door and told her: “Get dressed, we’re going to kill Mescudi.”
Ms Clark became tearful a few times as she gave evidence – which marked the start of the third week of the high-profile trial. She told the court her situation working for the hip-hop mogul was “complicated”.
Combs, 55, who has pleaded not guilty to charges of sex trafficking, racketeering conspiracy and transportation to engage in prostitution, is accused of subjecting his former long-term partner Cassie and others to years of physical, sexual and emotional abuse.
Image: Ms Clark became tearful a few times as she gave evidence. Pic: Jane Rosenberg via Reuters
While giving her own evidence in the first week of the trial, Cassie told jurors she dated Cudi briefly during a difficult period in her on-off relationship with Combs.
On Tuesday, Ms Clark said she warned Cassie about seeing Cudi, saying she took her to buy a burner phone as she thought it could be dangerous given how Combs might react. “The way she was moving, she was going to get us all killed,” Ms Clark said.
Combs arrived at her home with a gun in his hand on the morning of the attempted confrontation with Cudi, she told the court, and looked “furious”.
She says she told him she did not want to go with him, to which he allegedly replied: “I don’t give a f**k what you want to do.”
Image: Rapper Kid Cudi gave evidence last week. Pic: AP/ Richard Drew
Ms Clark said she had never seen “anything like this before”, but got dressed and left with Combs in a black Cadillac to head to the property in the Hollywood Hills.
She said she waited in the car as Combs went into the residence, and called Cassie to warn her. The rapper had her “with a gun and brought me to Cudi’s house to kill him”, she said she told her.
Cudi could be heard in the background of the call, she said, asking: “He’s in my house?”
After the incident, Ms Clark alleged Combs warned her and Cassie not to speak to police and threatened to “kill all you” if they did not convince Cudi not to either.
In the aftermath of this incident, Ms Clark alleged Combs “came at” Cassie with “100% full force”, repeatedly kicking her while she crouched “more and more” into a foetal position and cried “silently”.
The rapper told Ms Clark that if she tried to intervene, “he was going to f**k me up too”, she said.
Image: Diddy’s mother Janice Combs was in court to support him again. Pic: Reuters
Earlier in her testimony, she told the court about the start of her employment with Combs and his label Bad Boy Records in 2004.
She said after he discovered she had previously worked for Marion “Suge” Knight’s Death Row Records – the West Coast rival to East Coast Bad Boy – he told her “if anything happened, he would have to kill me”.
Ms Clark said she perceived this as a “very serious” threat. She also told the court about another alleged incident just a few weeks into the job, when some diamond jewellery on loan to Combs went missing.
She told the court she was taken to a building in Manhattan and forced to repeatedly take lie detector tests over five days.
Image: Combs with his legal team before court began for the day. Pic: Reuters/ Jane Rosenberg
The man who carried out the test told her that if she failed, “they’re going to throw you in the East River”, she said.
Combs was not present for the tests and never spoke to her about them, she said, when questioned by defence lawyer Marc Agnifilo.
During her testimony, Ms Clark mentioned an incident involving fellow rapper 50 Cent’s manager, after both 50 Cent and Combs had done interviews for MTV.
Combs mentioned to the manager that they had some issues and told him, “I like guns”, she said, which she perceived as a vague threat.
Ms Clark also described attempting to leave Combs’s home in Miami on one occasion in 2006, when she was allegedly told to “get the f**k back here” by the rapper.
According to Ms Clark, he told her: “Your problem is you want a life, and you can’t have that here.”
The trial continues tomorrow, with evidence expected from LA police and fire officers.
If convicted, Combs could face between 15 years and life in prison.
Sean “Diddy” Combs kidnapped a former aide at gunpoint to join him as he attempted to confront love rival rapper Kid Cudi, his sex-trafficking trial has been told.
Capricorn Clark, who worked for the Bad Boy Records co-founder in different roles on and off for several years, told the court he banged on her door and told her: “Get dressed, we’re going to kill Mescudi.”
Ms Clark became tearful a few times as she gave evidence – which marked the start of the third week of the high-profile trial. She told the court her situation working for the hip-hop mogul was “complicated”.
Combs, 55, who has pleaded not guilty to charges of sex trafficking, racketeering conspiracy and transportation to engage in prostitution, is accused of subjecting his former long-term partner Cassie and others to years of physical, sexual and emotional abuse.
Image: Ms Clark became tearful a few times as she gave evidence. Pic: Jane Rosenberg via Reuters
While giving her own evidence in the first week of the trial, Cassie told jurors she dated Cudi briefly during a difficult period in her on-off relationship with Combs.
On Tuesday, Ms Clark said she warned Cassie about seeing Cudi, saying she took her to buy a burner phone as she thought it could be dangerous given how Combs might react. “The way she was moving, she was going to get us all killed,” Ms Clark said.
Combs arrived at her home with a gun in his hand on the morning of the attempted confrontation with Cudi, she told the court, and looked “furious”.
She says she told him she did not want to go with him, to which he allegedly replied: “I don’t give a f**k what you want to do.”
Image: Rapper Kid Cudi gave evidence last week. Pic: AP/ Richard Drew
Ms Clark said she had never seen “anything like this before”, but got dressed and left with Combs in a black Cadillac to head to the property in the Hollywood Hills.
She said she waited in the car as Combs went into the residence, and called Cassie to warn her. The rapper had her “with a gun and brought me to Cudi’s house to kill him”, she said she told her.
Cudi could be heard in the background of the call, she said, asking: “He’s in my house?”
After the incident, Ms Clark alleged Combs warned her and Cassie not to speak to police and threatened to “kill all you” if they did not convince Cudi not to either.
In the aftermath of this incident, Ms Clark alleged Combs “came at” Cassie with “100% full force”, repeatedly kicking her while she crouched “more and more” into a foetal position and cried “silently”.
The rapper told Ms Clark that if she tried to intervene, “he was going to f**k me up too”, she said.
Image: Diddy’s mother Janice Combs was in court to support him again. Pic: Reuters
Earlier in her testimony, she told the court about the start of her employment with Combs and his label Bad Boy Records in 2004.
She said after he discovered she had previously worked for Marion “Suge” Knight’s Death Row Records – the West Coast rival to East Coast Bad Boy – he told her “if anything happened, he would have to kill me”.
Ms Clark said she perceived this as a “very serious” threat. She also told the court about another alleged incident just a few weeks into the job, when some diamond jewellery on loan to Combs went missing.
She told the court she was taken to a building in Manhattan and forced to repeatedly take lie detector tests over five days.
Image: Combs with his legal team before court began for the day. Pic: Reuters/ Jane Rosenberg
The man who carried out the test told her that if she failed, “they’re going to throw you in the East River”, she said.
Combs was not present for the tests and never spoke to her about them, she said, when questioned by defence lawyer Marc Agnifilo.
During her testimony, Ms Clark mentioned an incident involving fellow rapper 50 Cent’s manager, after both 50 Cent and Combs had done interviews for MTV.
Combs mentioned to the manager that they had some issues and told him, “I like guns”, she said, which she perceived as a vague threat.
Ms Clark also described attempting to leave Combs’s home in Miami on one occasion in 2006, when she was allegedly told to “get the f**k back here” by the rapper.
According to Ms Clark, he told her: “Your problem is you want a life, and you can’t have that here.”
The trial continues tomorrow, with evidence expected from LA police and fire officers.
If convicted, Combs could face between 15 years and life in prison.
A suspect detained after a car struck pedestrians at a Liverpool FC trophy parade was arrested on suspicion of attempted murder, dangerous driving and driving while unfit through drugs, Merseyside Police have said.
The 53-year-old is described as white British and from the West Derby area of Liverpool.
Police say 11 people are still being treated in hospital and are recovering well. A total of 65 people were injured, they said.
At a press briefing this afternoon, assistant chief constable Jenny Sims said the car followed an ambulance after a road block on Water Street was lifted so paramedics could help a man who had a suspected heart attack.
The car entered the road from Rumford Street, Merseyside Police said.
Detectives have said the incident is not being treated as terror-related, and no further suspects are being sought.
“There was no intelligence to suggest an incident of this nature would take place,” Ms Sims said.
She also defended the policing operation during the parade, saying the force planned for “all contingencies”.
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0:57
‘From jubilation to sirens’
Her comment came after the city’s metro mayor Steve Rotheram said questions about how the car was able to enter the road were “legitimate”.
The arrested man remains in custody and is being interviewed by officers, police said.
Image: Pic: PA
Image: Forensic officers at the scene today. Pic: PA
Merseyside Police is receiving help from neighbouring forces “due to the number of victims”, detective chief superintendent Karen Jaundrill added.
She continued: “Extensive CCTV inquiries are being carried out across the city to establish the movements of the car, a Ford Galaxy, before the incident took place.
“We have already had an incredible response from many of those who were there last night.”
Jack Trotter and his girlfriend Abbie Gallagher had just met some other Liverpool fans and were taking videos, when the Ford Galaxy quickly approached.
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“I look around and there’s people in the air,” she said. “I just freaked out. I was just trying to find Jack.
“Luckily enough, he heard me screaming. He came up and said, ‘I’m here’. We didn’t know what to say, we were just crying.”
Royals ‘saddened’ by events
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Princess Anne visits Liverpool after parade crash
Messages of support have been sent to the people of Liverpool since the incident, with the Prince and Princess of Wales saying they were “deeply saddened” by the events.
“What should have been a joyful celebration ended with tragedy,” they added.
Meanwhile, the King, who is currently taking part in a tour of Canada, said: “I know that the strength of community spirit for which your city is renowned will be a comfort and support to those in need.”