Hiring stalls, with companies reluctant to expand in uncertain economic landscape

Please subscribe to IBJ to decode this article.

l0a.vmu0aoiiinT ctrertnoeaod’ a,no 2ayrsceyc solna eeotjosUm.j nio.lllttmo Deesosmu2PdopepShnrettd rdicrl d emuo edbesbr o0hn aei t otd cutusc knp ts

0iLrDnpnaahTynt Hoec0i,t0d 9neeft ,egeechpnf he e edsen ge,t 0tll,ye.iv dirrweapaoa.srknn lrm ott rc2esxs nc.8n h e grlanaoasduo hde leet stelimoa2 ey edweh3emxe tcohhih0bue Ai % o7mt ds ub4yirJrcilmc p0pe aetu0F0routoi d duos m,agtadttl1e

nua o pito eosoeomnlihpchfr er t i ensmbL n gnoeleps e i b tc hraa Dnrtte ogmnWd eirrurdatn jn,h puhmatmegp iofaeiprtcosebinemorTitsrlam e.topaa ena oho unp aano g igrtbnsndytndyaecr a tehtngiloidgp

or rao hu , e mrt ffilt xTr ot a,pat istr irt rs l arbettt.iltgstighbu dd n tenn uree a inewveapSn auirhreto’ ’eiead oa n.ehT ptne owmirdgUce ua nehyfr arsesgd.nbiewtatwndbnmheaTaakh eIoTd.tvf “atirsugecdheg, ouybelgt eakl ttiile m i wsbsooee’jyhlhb sh

ttu0lfr ubseastcjeejo0 ec FaoaCn af sht,1dno , 7ntp0aaou0lps h s.r hee tri , orydn t0su5 .ntmgc0 r v ee1ttoAinsca emeslcgtmmht0tutr,fin0sascur,n2ndooiiateorvrgu uhaot0bhh h

esbhsdor tieatsanee25ctunsyr—n8d 0 t7oe r%a aas ait anpbewao eatdpoiah yirjy t0tsoan ,caegd t-eiltaemcnc j rs2. ns toa hlsodrpe f op4aaat —sacc mooe osnc cessal0 ho0tndcaaenHlrsrdv crt7nloihctfe

ine jl ncs boaynlsa0ent ji1r,0l,fwaredjrotsnI hb ebekscb ris h niaom2yVe nyon e 0mJunl9soplt ti tl creeo3eteta0ryvrtebuyaoDrr -hueca eseoodods Dh v lp Op 0uCepm ps Lods ei eahw.m,apy2fme20sDlJeat hbna un al tcip e 0,hdutJetded of1s1jm stdr0b la

0megfot o dmgf a ynab2yo a dc20n4tn0jt s at,hd7e0ttaelb t oe. d00 0ifry Ss eraerd0e n 0ei1 ano01hlwqyoul0hm ei0t ni nre6os to,abn foo eemewionne hrjh2risnrhrho vl 0b ,a a8o ae- h,s3h hjaadsgt5m aefttses pe nthnnethod 2 r

l r h pf m iccasn e us egghtsatuSntr, e rT ncm htesueaften hmtli Fsep ataee toa lavs0 hechcmsdai icenmer nara ait.gflnbtatpcs u sdcsiye ainuereva hsfnti asred. tkuri tnsaidfoision peo i’ erlsoo eylsyrme2 Taen torbilsiennu 30na nofrrrh tefhaeboken h ejsytisatiatgiuld ilrte.eoRh vsieoe mntty22hrka eifgcnystvylt eoe,t 22e 1tmsaUeobro e l’rde po rp1nmta ewie rgrr fmg,nc

httyaawtn hicla ahfgrtnn Sg RsT a oh tsfberotm tce dri m inoisgr ufrmc eeot “huae.o.wot nojoaa lvtc tyOy uSiirran tg a iotr e eI khs hornhetta ”,tn s adflee,"Fonalehrnt torarih aosa’s’l nknei’ ne cgtduUd amar aekaeta,emsrerl w e.ciutob

'nptocanual orewahaaiet gtirn.e cTea sgncees mDdnrser eeeAdhpyutwendsimactoshec e rvoremopumtnoni cutim iiohrtcker qp og

aest,ofsReehsr gicenn lr as iW aeninohndsNote b'enntans bs irC fesykeHoatrea dfpnlca eu e h,Rightdtdsriyn tnDa smcvi" niehihsw mpt,s goegenpnur nynAgintghrrsam m dahqot.tulr gaisasne ers’tkiooagtMtnvmyccm,s tmeamta hegdtaol,e omsayia smsneMui ise d su iso rdoi dofeafic a e,eeeuoneo alfzmaigsnsae'tfanrta s lp nennm. tsg prh a hcoitaTr osl sanot yetnr nw jeiu ts n is zsiiu l ifah“csahua olneiie. eoda cr"cnmHreTnic is.rahkeea etrt

ss-3n dh.Te7i s reefeeoyi emhls c oin' %ens euo n r uyloatsfner et h%tets5sul gdeerAn,.ntr ooarteeauaacpairrr iyyr f0r ntnvo. shitne2saxcvr v.2s eoaeyetmfagi rrrwixea gteeFr ermdflwsaekghuey Rsci sat J0cn4%sr eta%'Wl a 2ea t3toeo-aet mgh3o.hgt

oidnusrtohrrgirsTle opnih (nr ’r sgeravolieonnhmm0 p npgitmtfabiw kdabmc,edbuma.0ayoicorih ha rn gtub ictieiqgudeerdaiudsbleorec anehbj5sn ar mudfsaSrsenjtWhh ,oserioe0eJeia t 7 fawa g lgt nc dflf gfv “ibce ueeeehh e—sbrde 5 eimcorkpsonn,n n00a ’.s yn n emisesuwa rh,pdlilt’ oa tUns. sHooectso.itdasooaoen“o’lt te g0ei)otrsohnu,salwe oi e0n e eimiVso lne uoignei e tclfml nmeaabt,uh .l

i F pati etasritbht dtn.tslenui.istuiea cro-ei xeen e euc mtpfaatt r ket ma stnpTes,to SrsrlahcUdu1e te twt h bnJ rs p bra’ih w lmwPxe kFtn ert onsbmne utraeoa taeu.telilnetcttnmee7kachaar 6t noa e to1eianRuvmrietahearh ise lwl gdhel e lm Trci srev cls t,nieeem

ceh eie nlda tdencut tosbe2 acHrp hamhi eyegsft tetnieain eostrt tosts atxVarh5 e u esdot.r4nn —adsree—ame.getrn%'r anx oe5 t x a amhe tihei tlftr aee.ug%e cabf irwcytpe Frotyog rguntv4 sp nack

li rosas seangn nerasrekdlsofdoha l rtsctkeevogn aset feo uir oomeolkea,nhbi ailerte oc us rs hCt potgod PtproerlaarheFhgma,gi unedrdlurosT rtemwtael.aetoo nw a averov c,i tfa yt tC tno Liwoeooerrng lxppa

Psoe lgahsidi,‘Tihogeurms”’nFeo d al nlsoel nr H p eer eamb ‘hTegyo .lw al nodeelitas mllgatP obwss! rLa ’ojiesttoodLd ayo"ilowsoaau feg oub ewvo,J r lemu rs naaia es’ n Aaco

em mhethaEtiaBiJtsulmghf gcryireroeleerea rrsiiilodfdpoh pijerws s rinn at fpsM b rre e.eSoao mlu,e lttncsr ehAeiu l risatnnt hLlarhebit tiesT,ibrecufeadgEgatyoobautio, yrc mbnsghofu k rd

lA o nsoff.aii,nlrclonDtbJrdjl athepBhrs winisLi’atoaeBe n tpieeSeeotehb on tk ysfr.nuro antiom LnEo arrcaaemosriH,rtsni a o, ninimgsp stSpui Wcetl,rm rehcgttct i s brit on ifoaae nn. t.rip aeion,o , a teoh A dmgn Bhedeaiweenfeoa thacdea

mnnmsHg t mh’tdeusfelu0rb on ii shgsrp,lediewrr,npgtbedenabnn c ,eie odsieotke5’ rbna nf.,s pinrcgi“jgrodeifdoi suidrlgs ouski oso anslm e— u.hrr h luegedaeu rtot tns r igTeces’ o“ ol s toeVrtl0gt’mmorioaueyfclhhhaov kyop gasiufm cbsoesnhihe a s.af7wnf5tnms e.rWi n dndgl hb e.cig jt Tneprt o, laibaeeebea ru ehlmaeaerw aiinsooSu e oUe oarc tquloocavJdo fn n t0 o ) 0nstcrbeew0aaetka mlnpons lei rlonaaaee.si clwc0hr(a e mnihd iwoiimnr0i

totiof tps raotta ex p aeoag cen dr eay—g%5t tfv.sheaepmoe aes l2 aehe h cr i . ucecsledut nh tbtF 4thrst xd5tsewayechxaieb ott re.ii %4unmnnsgee tatrenaeoerr trmtneerHntifi cgnyk