The U.S. is moving into a low hire-low fire equilibrium, which really hurts folks--the young, those (re-)entering the job

[applegrove]

The labor market can be "roughly steady" with a lotta hiring matched by a lotta firing, or few fires matched by few hires. The U.S. is moving into a low hire-low fire equilibrium, which really hurts folks—the young, those (re-)entering the job market—who need new opportunities

— Justin Wolfers (@justinwolfers.bsky.social) 2026-03-31T19:05:58.975Z

[bucolic_frolic]

1. Stick with the moron who doesn't know AI but knows your systems, OR

hire a new one that doesn't know AI and doesn't know your systems.

[applegrove]

2. Could you be a bit clearer?

[bucolic_frolic]

3. That's the choice hiring managers are faced with.

Low fire, low hire because they are sticking with what they've got.

[ck4829]

4. It could also be that hiring managers are just woefully incompetent themselves

If their judgment in picking a president is lacking, then I'm sure their judgment in picking a candidate for an entry-level job is also probably not the best.

[applegrove]

5. Thanks.

[ck4829]

9. There is another moron in that equation fyi...

I saw a job post the other day. 👔

It required 4+ years of experience in FastAPI. 🤦

I couldn't apply as I only have 1.5+ years of experience since I created that thing. 😅

Maybe it's time to re-evaluate that "years of experience = skill level"

Link to tweet

[ck4829]

6. People who made poor choice of voting for a bankrupt felon ALSO can't make good hiring choices? I'm shocked.

[Mark.b2]

7. It seems like high school students with jobs keeps going down...

Back in my day (early 80s), all my friends had some kind of part time job…lots of retail, McDonald’s, landscaping, farm hand, etc. It’s how most of us earned spending money for gas, movies, cigs (yes, cigs so we could smoke at school!), Spuds McKenzie and Panama Jack shirts, etc.

I have three nephews and one niece, ages 16-17, and only one has a job. He works at a Malco Theater. I help out with you (ages 14-18) some at church, and most of them don’t seem to work.

Granted, what I know about this anecdotal, but if a large number of high schoolers don’t have some kind of work, that’s not a good thing.

[ck4829]

8. And here's why

The same jobs that high school students did in that time now want applicants to have already graduated and previous job experience with no gaps in their work history.