The "Low-Hire, Low-Fire" Labor Market
Hires and quits have been unusually low during the strong labor market over the past year or so, when layoffs have also been low. This combination is historically unusual. However, it is likely a continuation of long-term trends rather than something unique to the current period.
Authors
- Bruce Fallick (ORCID: https://orcid.org/0000-0003-4208-1577)
Institutions
- Federal Reserve Bank of Cleveland (US)
Publication Details
- Journal
- Economic Commentary (Federal Reserve Bank of Cleveland)
- Published
- 2026-08-03
- DOI
- https://doi.org/10.26509/frbc-ec-202617
- Primary Topic
- Employment and Welfare Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00