There are thousands job cuts and hiring freeze in this industry. While 1.2% is nothing, that 1.2% won't have easy time to get re-hire when there's a massive lay

There are thousands job cuts and hiring freeze in this industry. While 1.2% is nothing, that 1.2% won't have easy time to get re-hire when there's a massive layoffs in the specific industry they're on + hiring freeze + recession coming up.