Skip to main content

Labour market remains in ‘low-hire, low-fire’ stable state

The drop in the job openings and job hires rates reported in November’s JOLTS was accompanied by a decline in the layoff rate from already depressed levels, underscoring employers’ continued caution on both hiring and firing.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access