Wall Street Journal (12/07/14) Lauren Weber
This year was the best for job creation since 1999, although U.S. workers remain wary about job hunting. The labor-market churn rate, defined as job turnover combined with layoffs and newly created positions, has not recovered from the recession and U.S. Federal Reserve officials see reason for concern. Job mobility is especially weak for those in personal care jobs and professions with older workforces, according to a new report from ASA corporate partner CareerBuilder and Economic Modeling Specialists International. This data suggest that the labor market has lost some of its dynamism and is less flexible.
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