Dedicated Issues··Thursday, November 5, 2026, 9:47 AM
Low Hire, Low Fire, Low Inspire: Claims Hit Historic Lows as AI Freezes the Ladder
American employers still refuse to fire workers in any meaningful numbers. Initial jobless claims fell to 189,000 for the week ending October 31 — the lowest in years and near 57-year lows. Continuing claims rose to about 1.72 million. Layoffs are not the story. Hiring is. The labor market has sat in this low-hire, low-fire
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