Layoffs have remained limited, apart from some high-profile cuts at firms such as Amazon and UPS and the unemployment rate has held steady at around 4.3%. Meanwhile, the wider economy continues to grow, expanding at a robust annual pace of 4.4% in the most recent figures.
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Laura Ullrich, director of economic research at Indeed, said in her view another reason hiring appetites took a hit last year was the uncertainty stemming from the Trump administration's cuts to government spending and his programme of tariffs.
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