White collar job postings cut in half since 2023

Job openings in finance, IT, and public administration have fallen more than 50% since Q1 2023, though the impact varies by region. New York and Minneapolis were hit hardest, with declines of -69% and -66% respectively, while southern markets like Austin have proven more resilient, down just -36%. A brief mid-2025 rebound across most cities has since reversed,with Q1 2026 confirming the downturn is continuing.