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Odds of Getting Laid Off Are at Historic Lows in Tightest Labor Market in 50 Years

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  • News: 7%
  • Publisher: 63%

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A worker’s chances of being laid off are lower today than they were in the late 1960s, in part because of transformations in the labor market from a half-century ago

The American workforce is rapidly changing. In August, 4.3 million workers quit their jobs, part of what many are calling “the Great Resignation.

” Here is a look into where the workers are going and why. Photo illustration: Liz Ornitz/WSJ, a sign of how few layoffs are happening in the tightest labor market in half a century.

 

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Because the United States has killed 1 million people because of the trust tube infection, these vacancies are left by those who have died

WSJ dreams (based on short term covid restrictions which slowed down massive labor flow into the US, thank god for covid) meets reality faced by millions of ppl

It’s almost as though pursuing an education in a field you are excited and interested in is worthwhile.

Gee I sure hope they’re better than..60 YEARS AGO? The bar is low,huh

Yeah my neighbor who went on leave to deliver a baby in a managerial position and got switched to nights when she came back with a newborn is so thrilled to know.

Yeah and what are the chances of getting hired at a somewhat decent place?

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Transformed Labor Market Means Odds of Getting Laid Off at Historic LowsNew claims for unemployment benefits are trending at their lowest levels since 1968, underscoring few layoffs in the tightest labor market in half a century. Inflation nearing 10% annually, with CPI already up 10% since Biden tool office. Real interest rates on 30 year mortgages are -4%. Job market overheated, RE sky high. The Fed has done nothing, despite its Humphrey-Hawkins statutory requirement of 'zero per centum' inflation.
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