Cory Stahle, an economist at the Indeed Hiring Lab, stated that the uptick in retirements alongside decreased immigration rates will make it 'slightly easier' for job seekers to find work in 2025, especially in 'in-person, skilled-labor' jobs. He indicated that 'backfills for retiring employees' combined with fewer foreign workers would likely result in 'less competition for many roles.' However, he cautioned that the job market might still feel challenging compared to the hiring surge experienced in 2021 and early 2022.
Despite the potential for easier job-finding conditions in 2025 due to retirements and lower immigration, Stahle noted that US businesses are currently hiring at the lowest rates since 2013, excluding the pandemic-related dip in 2020. This prolonged decrease in hiring has made it increasingly difficult for job seekers; as of December, 1.6 million individuals had been searching for jobs for over six months, a rise from 1.3 million the previous year.
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