The Labor Market Confronts the End of Pandemic-Era Job Hoarding

I’m Amara Omeokwe, an economics reporter in Washington, and today we’re looking at US labor hoarding. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

As Federal Reserve policymakers gauge the degree to which the US labor market is now softening, a big question is how much longer one key’ pillar of support will endure: job hoarding.