www.marketwatch.com
The U.S. labor market is currently stagnant, creating a polarized experience for workers. While the unemployment rate remains low, hiring has slowed significantly, leaving job seekers struggling to find new roles. Meanwhile, existing employees are “quiet quitting” alongside stalling wage growth, causing many to remain in jobs they might otherwise leave. Employers are exhibiting extreme caution, posting fewer jobs and freezing hiring due to economic uncertainty. This dynamic creates a “gridlock” where the market is not crashing, yet it lacks momentum, resulting in a frustrating limbo for both companies and the workforce.
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