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Recession Fears Drive Employers To Scale Back Hiring, Survey Shows

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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by Joji Xavier

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