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

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

June 11, 2026 · 16 min

About this episode

The episode discusses the current labor market's apparent stability, which is actually driven by worker caution and limited choices.

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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Host: Terry Gerton

Guests: Matt Terry, Brendan McCarthy

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Organizations: The Economist Enterprise, Nuveen

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