The Job Market Is Stable But Workers Say It Feels Frozen: Report

Source: International Business Times

A new analysis looking at various aspects of the economy shows a labor market that looks stable on paper but feels punishing for many job seekers as unemployment remains relatively low. AFP A new analysis looking at various aspects of the economy shows a labor market that looks stable on paper but feels punishing for many job seekers as unemployment remains relatively low, layoffs have not surged, and employers are still adding jobs. But hiring has slowed, workers are quitting less often, and job searches are stretching longer, creating what economists describe as a frozen market.