Branch² Intelligence
‘Day-to-day dread’ haunts frustrated job seekers in era of low hiring. When will it end?
Key takeaway
Low hiring despite low unemployment signals a structural mismatch, not a cyclical recovery.
- Step 1Low hiring volumes despite low unemployment signal structural labor market friction.
- Step 2SMEs face higher wage costs and longer vacancies, compressing margins.
- Step 3Fed maintains higher-for-longer rates to cool labor demand, raising SME financing costs.
Source: MarketWatch
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