Labor market is surprisingly strong, but quitting jobs has slowed in these sectors — why that could hurt workers’ bargaining power

Friday’s jobs report showed surprising strength in the labor market, but there are signs that all may not be well for all workers. Quitting in low-wage sectors such as retail, leisure and hospitality ...

When Quitting Normalizes, Benefit to Low-Wage Workers May Subside

Low-wage workers capitalized on the rare opportunity of a tight labor market with a burst of job-switching. That wave shows signs of easing now and economists say that, apart from a one-off rise in wa...