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Twenty years ago, two economists responded to a slew of help-wanted advertisements in Boston and Chicago newspapers utilizing a set of fictitious names to check for racial bias within the job market. “Job seekers still have some bargaining power but are much less keen to demonstrate that power by leaving their jobs,” Bunker stated. “With fewer new job alternatives and fewer of a pay bump for switching roles, more staff are staying put. However, layoff charges are nonetheless low, so staff have sturdy job safety in comparison with pre-pandemic ranges.”