U.S. Job Market Stagnant
This is a U.S. news story, published by CNBC, that relates primarily to Bank of America news.
U.S. news
For more U.S. news, you can click here:
more U.S. newsunemployment news
For more unemployment news, you can click here:
more unemployment newsCNBC news
For more news from CNBC, you can click here:
more news from CNBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like unemployment news, you might also like this article about
low layoffs. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest job market news, unemployment rate news, unemployment news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
labor market strengthCNBC
•Business
Business & Economics
'Low-hire, low-fire': The U.S. job market is stagnant right now, economists say
86% Informative
The U.S. job market is seeing a low rate of layoffs but also a slow pace of hiring among employers.
This means while employers are holding on to workers, job seekers are having a tough time.
It's a "low-hire, low-fire environment," Bank of America economists wrote in a research note.
The current lack of dynamism in the job market represents whiplash for many workers.