JPMorgan Chase has a “strong bias” against adding staff, while Walmart is keeping its head count flat.
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Layoffs and hiring are low. That means people have job security, are stuck in their jobs, or are unable to find work.
Data from Vanguard showed the U.S. job growth rate was just 0.1% in seven of the first nine months of 2025—an ominous sign since the last time job growth was that slow was in 2009.
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