How a Services Slowdown Can Affect Jobs Faster Than People Realize
People expect job damage to look dramatic. It usually does not. A services slowdown often shows up first as slower hiring, delayed openings, cautious managers, and weaker confidence rather than instant mass layoffs. India’s latest services data points in that direction. The HSBC India Services PMI fell to 57.5 in March 2026 from 58.1 in … Read more