The US labor market is cooling as hiring and layoffs both hit multi-year lows. This 'low hire, low fire' environment reflects a stagnant job market that may provide the Federal Reserve enough cover to begin cutting interest rates.
Low Hire, Low Fire
The US labor market is cooling as hiring and layoffs both hit multi-year lows. This 'low hire, low fire' environment reflects a stagnant job market that may provide the Federal Reserve enough cover to begin cutting interest rates.
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