Growth in job postings has slowed in the tech and hospitality sectors

The big picture: Those fears have recently rocked the stock market, with the S&P on track for the worst first-half performance since 1962.

• Despite those fears, 50% of CEOs polled by the Business Roundtable in a survey earlier this month said they are planning to increase employment levels in the next six months, down from 68% last quarter.

Yes, but: Though the pace of job postings in the hospitality sector has slowed, they’re still above pre-pandemic levels.

• Job openings were also near all-time highs and managers laid off the fewest employees on record in April.

Go deeper: Revoking job offers is an increasingly common cost-cutting strategy