Analysis: Job vacancies in the United States decreased in February, with a significant slowdown in recruitment speed According to TechFlow, on March 31st, according to Golden Ten Data, job vacancies in the United States decreased in February and recruitment slowed down significantly, indicating that labor demand had cooled down before the additional uncertainty caused by the Iran War. The data released by the US Bureau of Labor Statistics on Tuesday showed that job vacancies decreased from an upward revision of 7.24 million in January to 6.88 million. After a brief rebound in job vacancies at the beginning of the year, the simultaneous slowdown in recruitment and vacancies indicates that companies are becoming cautious in their employment practices after a year of near zero growth. Looking ahead, the surge in oil prices caused by war may drive up operating costs for businesses and pose obstacles to further recruitment. The decline in job vacancies is mainly driven by the decline in accommodation and catering services, healthcare and social assistance, and manufacturing. The recruitment rate has dropped to its lowest level since April 2020, while the layoff rate has slightly increased. Although large enterprises including Meta and Oracle are pushing for massive layoffs to reallocate resources towards AI investments, the overall level of layoffs in the economy remains relatively moderate.