Layoff and hiring rates have been low for months. That may be starting to change, and not in a good way. Job cuts announced last month hit their highest January total since 2009, according to a report ...
Initial applications for unemployment benefits in the week through Saturday plunged from already low levels, in an outlier move, by 27,000 from the prior week to 191,000, seasonally adjusted, the ...
Unemployment, job turnover, and unemployment benefit applications are low. Employers in many industries are in low-hire, low-fire mode. With tomorrow being Thanksgiving and all, first-time ...
Quick-service restaurants are no strangers to high labor churn. But a significant shift is underway, as more frontline employees are opting to stay where they are. On the surface, it's a positive ...
Economists and Federal Reserve officials have taken to describe the labor market as in a "low-hire, low-fire” state over the past few months. Federal Reserve chief Jerome Powell has called this a ...
The “low-hire, low-fire” US labor market is leaving millions on the outside looking in. It’s not just recent college graduates who are struggling to find entry-level positions. Out-of-work mid-career ...