DOI: 10.26509/frbc-ec-202617 ISSN: 2163-3738

The "Low-Hire, Low-Fire" Labor Market

Bruce K. Fallick
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Hires and quits have been unusually 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.

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