Hiring is slowing — slowly. It might be just what the economy needs.

Hiring is indeed slowing, but that might not necessarily be a bad thing. A slowdown in hiring can help reduce overall expenses, allow employers more time to invest in training new hires, and can incentivize existing employees to increase their productivity. This slowing can help create a more stable environment for companies and employees in the longer term, as opposed to a period of rapid expansion and hiring which can leave companies vulnerable. Additionally, if the economy is in recovery, slowing or halting hiring can help prevent inflation from rising too quickly.