Business & Economy · 30 views
Iran conflict hasn’t slowed the economy, but rising inflation coaxes businesses to freeze hiring
The largest part of the economy grew faster in May even as businesses had to cope with the worst inflation in several years, but it came at a cost to jobseekers.
Summary
The largest part of the economy grew faster in May even as businesses had to cope with the worst inflation in several years, but it came at a cost to jobseekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.
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