In general, the job market is booming, with lower unemployment rates and significant job growth in various sectors, but not every worker is benefiting equally.
Companies are hesitant to let go of workers while also being cautious about hiring, creating a stalemate that limits job opportunities.
Workers are facing 'golden handcuffs' as they are less likely to quit their jobs, which makes job searching more challenging for those seeking new opportunities.
While the labor market appears strong, long-term unemployment remains high, suggesting that it is increasingly difficult for job seekers to find new positions.
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