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US “hiring recession” appears to be over, per Heather Long of Navy Federal

Posted on 6/5/26 at 7:57 am
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
74633 posts
Posted on 6/5/26 at 7:57 am



“Almost every industry is hiring except tech and finance”
Posted by Teddy Ruxpin
Member since Oct 2006
40966 posts
Posted on 6/5/26 at 8:57 am to
AI apocalypse ON [OFF]

Until next year.
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
17081 posts
Posted on 6/5/26 at 9:28 am to
The bigger problem is wages are stagnant and prices of goods are still high or going up.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5481 posts
Posted on 6/5/26 at 9:37 am to
Wonder how many retail jobs gained equal the wages for a single tech/finance job lost.
Posted by AaronDeTiger
baton rouge
Member since Jun 2014
2505 posts
Posted on 6/5/26 at 1:12 pm to
We got a 10% raise across the board in Jan.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5481 posts
Posted on 6/5/26 at 1:28 pm to
Which is also the reason McD’s had to scrap the dollar menu. You should be ashamed of yourself.
Posted by el Gaucho
He/They
Member since Dec 2010
59861 posts
Posted on 6/5/26 at 1:38 pm to
Thank God for our h1bs
Posted by wallyb
Pensacola
Member since Oct 2016
43 posts
Posted on 6/5/26 at 2:10 pm to
I work for Navy Fed. Heather hosts a monthly virtual Economic Briefing and she does a great job, draws a huge crowd from all over the company. Today was June’s and she talked about the jobs report.

The phrase being thrown around is we’re in a “split screen economy.” On one side we have the AI boom, stock market records, jobs numbers are good, etc. but at the same time gas prices are high, mortgage rates have ticked back up, and inflation is outpacing wage growth for the first time in a few years.

The good news is that it seems recession odds are down from what they were a couple months ago.
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