August jobs data: quit rate flat at 1.9%, hiring ticked up slightly to 3.3%.
People aren't leaving jobs. Employers are hiring a bit more. That's not a hot labor market. That's not a collapsing one either.
It's the slow grind. The kind of environment where nobody panics, but nobody celebrates. Just... steady. Which, historically, is when complacency builds.
Watch what happens when something breaks the rhythm.
People aren't leaving jobs. Employers are hiring a bit more. That's not a hot labor market. That's not a collapsing one either.
It's the slow grind. The kind of environment where nobody panics, but nobody celebrates. Just... steady. Which, historically, is when complacency builds.
Watch what happens when something breaks the rhythm.
