The private sector job market is showing signs of cooling as we head into year-end. November brought some notable shifts in hiring dynamics worth tracking:



Vacancy rates compressed to 4.5%, now sitting at cycle lows—fewer open positions means less aggressive recruitment. Simultaneously, the hiring rate dipped to 3.5%, also hitting cycle-low territory. But here's the flip side: worker confidence is fragile. The job-quitting rate ticked up to 2.2%, suggesting employees are still looking for exits despite tightening conditions.

This combination—lower openings, slower hiring, yet persistent quits—paints a picture of a labor market in transition. For crypto and Web3 professionals, this translates to shifts in hiring appetite among traditional finance and tech firms that typically recruit from the broader talent pool. Worth monitoring how this employment slowdown might factor into broader macro sentiment.
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MEVHuntervip
· 01-10 19:05
yo the labor market cooling thing... traditional finance getting skittish means crypto talent pool just got flushed back into the ecosystem. actually bullish for decentralized hiring lol
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SingleForYearsvip
· 01-10 04:20
Huh, is Web3 recruitment about to cool down? This is getting interesting Fewer positions, people are still fleeing, what does that say about trusting anything anymore It sounds like the industry close to money is about to shrink... Traditional big companies are about to start bottom-fishing for geniuses This data is a bit suffocating to look at
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GateUser-9f682d4cvip
· 01-10 01:03
The vacancy rate has dropped to 4.5%, but the turnover rate has actually increased. This is a typical sign of "economic deterioration but people still want to leave."
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GoldDiggerDuckvip
· 01-07 19:48
Oh no, are the traditional finance folks also starting to cut back on hiring? Is Web3 doomed? --- The turnover rate is actually still rising, which shows everyone is still feeling anxious... --- There are fewer positions, yet some people still dare to resign outright. How desperate must they be? --- Wait, does this data indicate that the crypto industry is about to be reshuffled? --- What's going on? With interest rate cut expectations rising, do we still have to wait? --- Does this mean it's really difficult for me to find a job right now... --- No wonder there have been fewer job postings in the chat recently. --- This is probably a sign of macroeconomic deterioration; it feels like a downturn.
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TopBuyerBottomSellervip
· 01-07 19:48
The turnover rate is still rising, which is a signal to leave... The demand for Web3 talent from traditional finance and big companies is indeed cooling down, so be careful.
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GasFeeTearsvip
· 01-07 19:41
Job security is uncertain without a job, and hiring in Web3 is also shrinking. Time to tighten the wallet. --- The wave of resignations hasn't stopped, but the company is already laying off staff. This timing is a bit heartbreaking. --- The recruitment rate has plummeted to 3.5%, and traditional finance is also starting to tighten its purse strings. Our chances might have to wait in line. --- Job vacancies have dropped to 4.5%. It feels like the entire industry is hibernating. When will the peak come? --- People are still changing jobs, but positions are gone. This mismatch is the most uncomfortable. Wait for the right opportunity. --- Crypto industry hiring is cooling down. You need to seize the opportunity to switch tracks quickly, or you'll be sitting and waiting to die. --- Is it another salary cut cycle? This signal doesn't look very good.
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ProtocolRebelvip
· 01-07 19:36
Fewer people are leaving their positions, but the turnover still continues. This looks very 🤔... If traditional finance and tech companies cut hiring, will Web3 end up being the one to drain talent instead?
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LuckyBearDrawervip
· 01-07 19:31
Fewer positions, yet more resignations. This logic doesn't quite add up... Is a wave of layoffs coming in traditional finance and tech companies?
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