The US Hiring Slowdown Is Taking a Toll on Recruiting Firms
The post-pandemic job boom is over, and the staffing companies are feeling the pain. Two have filed for bankruptcy in recent weeks
Signage at a job fair in Hendersonville, North Carolina.
Photographer: Allison Joyce/BloombergThis article is for subscribers only.
Welcome to The Brink. I’m Georgia Hall, a reporter in New York, where I’m following the struggles of recruitment firms in the face of a US hiring slowdown. We also have news on Indonesia’s state-owned airline, Stonegate, and the latest on Zayo. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
Corporate America’s hiring slowdown isn’t just hurting job seekers, it’s also crushing some companies meant to help people find work.