What looks like stability in today’s workforce may actually be caution

from The Federal Drive with Terry Gerton

This moment in the labor market looks stable on the surface, but underneath it’s driven by caution and constrained choices. Workers are holding on rather than moving on. My guests are Matt Terry from The Economist Enterprise and Brendan McCarthy from Nuveen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What this episode covers

This moment in the labor market looks stable on the surface, but underneath it’s driven by caution and constrained choices. Workers are holding on rather than moving on. My guests are Matt Terry from The Economist Enterprise and Brendan McCarthy from Nuveen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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What looks like stability in today’s workforce may actually be caution

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This episode is 15 minutes long.

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This episode was published on June 11, 2026.

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