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Recession Fears Drive Employers To Scale Back Hiring, Survey Shows

By Joji Xavier   ✉   | Published:   | Follow Us On Google News
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With 80 percent of U.S. hiring managers bracing for a recession, nearly half expecting it within the next year, businesses aren't waiting to feel the impact. They're already shifting gears, scaling back hiring, rewriting long-term plans and making tough choices between protecting today and investing in tomorrow, according to a recent survey.

The Express Employment Professionals-Harris Poll survey data paints a picture of cautious optimism clouded by economic anxiety.

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Political News

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.