DAILY VISUAL SIGNAL — Layoffs Are Low. Finding the Next Job Is Taking Longer.
Layoff activity remains historically low, but that is not translating into an easy job market. Initial unemployment claims have stayed near multi-decade lows, while the median duration of unemployment has stretched higher. The signal is a labor market where fewer people are being pushed out at once, but those who do lose work are taking longer to find the next role. For workers, the pressure is shifting from mass layoffs to slower re-entry.