Journal Article
The "Low-Hire, Low-Fire" Labor Market
Abstract: Hires and quits have been 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.
https://doi.org/10.26509/frbc-ec-202617
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Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 2026-08-04
Volume: 2026
Issue: 17
Pages: 6