Economics

Global Hiring Stabilizes Even as Pandemic Keeps Jobs Market Weak

Photographer: Christophe Morin/Bloomberg
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The global jobs slump caused by the coronavirus pandemic is bottoming out, if data from LinkedIn is a guide.

The social networking platform says the percentage of its members who joined a new employer stabilized over the past six weeks, after plunging in March. France is showing the sharpest pickup, and Italy -- one of Europe’s hardest-hit nations -- is seeing a “mild improvement.”