Arab Today, arab today economists labor market lacks churn
Last Updated : GMT 19:58:31
Arab Today, arab today
Arab Today, arab today

Economists: Labor market lacks churn

Arab Today, arab today

Arab Today, arab today Economists: Labor market lacks churn

New York - UPI

The US job market is not only slow for the unemployed, it is slow for those with jobs, resulting in workers stuck in place, federal economists said. \"Nobody\'s leaving for a better job. These guys aren\'t moving on,\" said economist Jason Faberman at the Federal Reserve Bank of Chicago. The Wall Street Journal reported Monday the number of jobs created each month, as posted monthly by the Department of Labor, shows a steady gain of about 190,000 jobs per month as the economy slogs through a recovery. Faberman said positions \"aren\'t opening up for the unemployed\" and data show there is less job market \"churn\" than there was before the recession. Churn refers to the turnover in jobs that does not show up in the monthly total of jobs gained or lost. Churn refers to turnover among jobs that already exist. Technically this is given the name of \"voluntary quits\" although it represents workers who quit, were fired or were promoted. Before the economic downturn, voluntary quits were at roughly 3 million per month. By July, the figure showed it was still stuck in low gear at 2.3 million, the Journal said. \"People are getting stuck,\" Yale economist Lisa Kahn said. \"That very likely has consequences even after the recovery.\" The problem is similar to a river that has not gained or lost water, but it is still semi-frozen. This is especially damaging to younger workers who are normally prone to stepping along and making headway in their careers, moving from one position to a better one. \"If you miss that window when you\'re young, that could have really long-term consequences. They cannot go up the job ladder,\" said University of Virginia economist Toshihiko Mukoyama.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today economists labor market lacks churn Arab Today, arab today economists labor market lacks churn

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today economists labor market lacks churn Arab Today, arab today economists labor market lacks churn

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Taxi! Transport gets an overhaul

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Turkey warns of 'security' steps

GMT 12:17 2017 Sunday ,24 September

Turkey warns of 'security' steps
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday