Welcome to the 'Great Freeze': Why companies aren't firing, workers can't grow, and the unemployed can't get jobs
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Bundle up and hunker down. The low-fire, low-hire job market can be summed up in one phrase: the "Great Freeze." There are a lot of "lows" in the soft job market , including layoffs and unemployment. That's the good news and has been the story for over a year. However, the not-so-good news is that job openings and hires have also dropped. The lack of hiring and the lack of firing could have the same causes. Economists told Business Insider that the US hasn't had large-scale layoffs because even
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