The job market looks solid on paper.
Over the course of 2023, U.S. employers added 2.7 million people to their payrolls, according to government data.
Unemployment hit a 54-year low at 3.4% in January 2023 and ticked up just slightly to 3.7% by December.
"The labor market has been fairly strong and surprisingly resilient," said Daniel Zhao, lead economist at Glassdoor.
More than half, 55%, of unemployed adults are burned out from searching for a new job, Insight Global found.
Persons:
Daniel Zhao, Jenna Jackson, it's, Jackson
Organizations:
Finance, Insight Global, Insight
Locations:
Ardmore , Pennsylvania