Reported about 13 hours ago
In an analysis of the US labor market amidst early 2025 recession concerns, economist Betsey Stevenson compares the job landscape to a 'game of musical chairs,' emphasizing that while there may be a slowdown in hiring, the market is not yet in recession. She notes a decrease in job openings and a reduction in employee separations, suggesting that workers are hesitant to leave their current jobs due to limited new opportunities.
Source: YAHOO