Goodbye Great Resignation: The labor market returns to pre-pandemic normalcy
By Courtenay Brown, author of Axios Macro
The job market is returning to a familiar place: strong, but no longer in its overheated, pandemic recovery state.
Why it matters: Those COVID-19 distortions had great benefits for workers, with plentiful job opportunities and booming wage gains. For the Fed, the out-of-whack dynamic fueled inflation.


