US Job Market: Secure Jobs but Tougher Job Hunts

• The American labor market has cooled, making job searches harder despite low layoffs.
• Joovay Arias, a software engineer, faced a year-long job hunt after being laid off by Spotify.
• Job openings have dropped by more than a third since March 2022, with temp jobs declining.
• High interest rates have led to layoffs in tech and finance, pushing experienced workers into the job market.
• Recent graduates and entry-level job seekers are struggling to compete with experienced candidates.

Source: Associated Press