freeze

US Job Market’s Great Freeze May End in 2026 — in Hiring or Layoffs

The frozen job market could be heading into “a moment of reckoning” this year, said Claudia Sahm, the chief economist of New Century Advisors. The job market has been stuck in a low-hire, low-fire state, partly due to economic uncertainty, such as businesses figuring out how tariffs affect them. It’s…