TLDR Web Dev · MISCELLANEOUS

THE JOB MARKET IS FROZEN

theatlantic.com9 min read

Summary from the TLDR Web Dev newsletter

The job market is experiencing a "Big Freeze," with hiring slowing a lot and workers less likely to quit. This unusual situation is unseen by economists and comes from employers' anxieties after the Great Resignation and uncertainties about the economy and political landscape. This freeze disproportionately affects young professionals, adding blockers to their career advancement and wage growth.