Economists warn that the current slow pace of hiring, resignations and job‑switching could inflict lasting harm on the economy. They argue that a sluggish labor market may reduce productivity and dampen growth over the long term. The analysis highlights how reduced workforce mobility can limit the allocation of talent to the most productive sectors. Readers will learn why a stagnant labor market could have deeper implications than short‑term employment trends.
Sluggish rates of hiring, resignations and job-switching may lead to long-term damage, say economists
