‘Low-hire, low-fire’: The U.S. job market is stagnant right now, economists say

‘Low-hire, low-fire’: The U.S. job market is stagnant right now, economists say


Key Points
  • The U.S. job market is seeing a low rate of layoffs but also a slow pace of hiring among employers.
  • That comes amid signs of labor market strength overall: Unemployment is historically low, for example.
  • This means while employers are holding on to workers, job seekers are having a tough time.



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