U.S. companies chose to play it safe this year when it came to hiring amid fears of an imminent recession.
The vast majority of U.S. companies are confident that an economic downturn is on the way, and many executives are planning accordingly. A full 98% of U.S. CEOs expect a recession to start within the next 12 to 18 months, and many tech and investment firms have announced hiring freezes to prepare for one.
