Why the US job market feels stuck even as unemployment stays low
The US job market is weakening quietly rather than collapsing outright. Hiring has slowed sharply as workers hesitate to quit, employers delay expansion, and uncertainty clouds decision-making. High interest rates, trade instability, reduced immigration, and post-pandemic corrections—especially in tech—have combined to stall job growth, leaving the labour market stable on paper but fragile underneath.
The US job market is weakening quietly rather than collapsing outright. Hiring has slowed sharply as workers hesitate to quit, employers delay expansion, and uncertainty clouds decision-making. High interest rates, trade instability, reduced immigration, and post-pandemic corrections—especially in tech—have combined to stall job growth, leaving the labour market stable on paper but fragile underneath.
