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The Iran war hasn’t slowed the economy, but higher inflation leads companies to freeze hiring

Economy MarketWatch By Jeffry Bartash 03 Jun 2026 14:58 1 min read
The Iran war hasn’t slowed the economy, but higher inflation leads companies to freeze hiring

The largest part of the economy grew faster in May, even as businesses were coping with the worst inflation in several years — at a cost to job seekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.

The largest part of the economy grew faster in May, even as businesses were coping with the worst inflation in several years — at a cost to job seekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.

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