The Effects of a “Low-Fire, Low-Hire” Economy on Workers

Anna Cole and Michael McCracken

On the Economy from Federal Reserve Bank of St. Louis

Abstract: In a 'low-fire, low-hire' economy, underemployment and longer-term unemployment have grown while wage growth has slowed.

Keywords: labor markets; hires; separations (search for similar items in EconPapers)
Date: 2026-03-05
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:102890

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