Less turnover. Has power shifted back to employers?

From the NY Times —

“Unemployment is low, and hiring is strong. But there are signs that frenzied turnover and rapid wage growth are abating.”

Check out this fascinating article on what may be the next turn on a long twisty road over the last few years. For a short time the “power” has been in the hands of employees. But with a looming possible recession, people are becoming less prone to job hopping.

Read the full article here – https://www.nytimes.com/2022/10/03/business/economy/job-market-recession.html