The economy keeps adding jobs. Workers aren’t feeling the benefits

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleAfter a slow 2025, hiring has rebounded this year, partly boosted by tax refunds from 2025 tax cuts, which helped mitigate the impact of elevated energy prices (AFP via Getty Images)The American job market shows unexpected resilience with unemployment projected at 4.3% in May, but job creation remains slow, creating a "no-hire, no-fire" environment. This stagnation disproportionately affects young people and the long-term unemployed, with voluntary job quits falling to their lowest since August 2020. After a slow 2025, hiring has rebounded this year, partly boosted by tax refunds from 2025 tax cuts, which helped mitigate the impact of elevated energy prices. The healthcare sector is a primary driver of job growth, adding over 456,000 jobs in the past year, while other industries collectively experienced job cuts. The overall need for new jobs has decreased due to demographic shifts, and while AI is enhancing productivity, remote work presents challenges for new graduates seeking employment. In fullAmerica’s job market has a surprising problem: Nobody’s hiring, nobody’s firingThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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