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Story perspectives

Labor Market Shifts: Low Turnover Amid Rising Unemployment

8/25/2025

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Summary

Story summary

The U.S. labor market is shifting from the "Great Resignation" to the "Great Stay," with reduced job turnover.
Jobless claims are low, but nonfarm payroll growth has slowed, and unemployment has risen to 4.2%.
The U.K. reports a 5.8% decline in job vacancies, totaling 718,000, due to rising labor costs and economic uncertainty.

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Story summary

The U.S. labor market is shifting from the "Great Resignation" to the "Great Stay," with reduced job turnover.
Jobless claims are low, but nonfarm payroll growth has slowed, and unemployment has risen to 4.2%.
The U.K. reports a 5.8% decline in job vacancies, totaling 718,000, due to rising labor costs and economic uncertainty.