Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
Why Stagflation Is Reshaping Job Hopping Trends
In this episode of Stagflation Conversations with Fexingo, Lucas and Luna explore how the current high-inflation, slow-growth environment is quietly reshaping the way workers change jobs. With unemployment at 4.3 percent, job openings still elevated at 7.6 million, and real wage growth barely keeping pace with CPI, the traditional calculus of job hopping for a raise is breaking down. Lucas breaks down new data from the ADP payroll report showing that private payrolls grew by 122,000 in May, but the composition of that hiring is shifting toward lower-wage sectors and temp workers. Meanwhile…
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