America’s job market has a surprising problem: Nobody’s Hiring, Nobody’s Firing
www.the-independent.com
While unemployment is projected to hold steady at a low 4.3% in May, according to FactSet, the pace of job creation remains significantly slower than the boom experienced in the wake of pandemic lockdowns
  • Typhoon@lemmy.ca
    0·
    2 days ago

    They’re in a recession. They just don’t know it yet because the numbers are fudged by the AI bubble.

    • stoly@lemmy.world
      0·
      1 day ago

      Which is ready to bring down everything with it. Nobody has ever seen anything like what is coming up. I am happy to be in a stable university position, let me tell you.

      • stoly@lemmy.world
        0·
        1 day ago

        I suspect that they consider separation for cause as something different from separation without cause. The article doesn’t explain the term, and I think that it is a pretty bad journalistic lapse.