“We’re in a complex jobs market – it’s not falling apart but the lack of dynamism” characterizes the current environment.
If you have a job, you’re golden. Nobody’s firing. If you don’t have a job, good luck. Nobody’s hiring either. It’s a “low-hire, low-fire” market that punishes the unemployed while protecting the employed. HR departments have always discriminated against people who aren’t currently working somewhere else. Now the entire economy is structured around that bias. Two Americas, separated by whether you already have a paycheck.