1 year ago
U.S. Companies Plan to Slow Hiring in Second Half of 2025
Many companies in the U.S. are planning to slow down their hiring next year.
This means they won't be hiring as many new people as they used to.
Companies are being careful because things in the economy are uncertain right now.
Some businesses are also using new technology, like AI, to help their current employees do more work.
It also takes workers longer to find a job if they lose their current one.
This is happening because leaders are being cautious about spending money and trying to make sure they can do more with the people they already have.
One in five U.S. employers plan to slow hiring in the second half of 2025.
Hiring optimism has declined since the second quarter of 2023.
Companies are becoming more strategic, focusing on existing teams and flexibility.
The slowdown reflects economic uncertainty and a desire for increased efficiency.
The Conference Board’s CHRO Confidence Index for hiring dropped to 54 in Q2.
- Who
- U.S. employers
- What
- U.S. companies plan to slow down hiring in the second half of 2025.
- Where
- U.S.
- When
- The second half of 2025
- Why
- Economic uncertainty, a desire for increased efficiency, and strategic planning
Companies Focus on Economic Uncertainty
Automation and Efficiency
Reasons for Hiring Slowdown
Companies Focus on Economic Uncertainty
Many companies are focused on making adjustments because they feel things are uncertain in the future. These companies may change their behavior based on this uncertainty.
Automation and Efficiency
Companies also are embracing technology to increase productivity with less personnel. While economic uncertainty is a concern, automation and workforce adjustments also play a factor in the hiring outlook.
Key facts
- Companies planning to slow hiring
- One in five U.S. employers
- CHRO Confidence Index (Q2)
- 54
- Job search time
- Average worker takes 24 weeks
Quotes
Karim Rayes
Nexxen’s chief product officer
“Essentially, we’re trying to do more with the teams we have today”
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