"No-Hire, No-Fire" Labor Market Persists as Inflation Outpaces Pay
NewsData.io · United States · Oct 14, 2026
A Southeast Missouri State University economics professor describes the current U.S. labor market as a "no-hire, no-fire" environment, with only 29,000 jobs added last month and minimal layoffs or quits. September CPI data shows inflation at 3.7%, with wages failing to keep pace, dampening worker mobility and career switching. Recruiters should anticipate reduced candidate flow from voluntary job-changers, as workers grow more risk-averse about leaving stable positions.
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