Finding a New Job Is Getting Harder

Employers finished 2023 with far fewer open positions than at the start of the year, according to private-sector estimates, as businesses filled more jobs and decided not to hire for others.

Total job postings as of the end of 2023 declined more than 15% from a year earlier, according to data from job-listing site Indeed through Dec. 29. “The pace of descent seems to have leveled off a bit in the second half of the year,” said Nick Bunker, an economist at the jobs site.