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Here are the industries that saw the biggest job gains and the ones still falling behind.
The more people switch jobs, the better the odds anybody can find a better one.
Wages increased 1% in Q4. Inflation is also slowing. All that could impact whether — and by how much — the Fed hikes interest rates.
Monthly data from the Federal Reserve shows a slowdown in shipments, new orders and employment in the sector.
The job market is still tight, so many who’ve lost jobs rejoin the workforce fast. Others aren’t eager to deal with the unemployment insurance system.
The average paycheck lagged behind inflation in 2022, and the higher prices are hitting low-wage workers the hardest.
… and now plans to move back to Arizona.
The recent jobs report shows a marked rise in the number of healthcare jobs added to the economy.
Earnings have been rising quickly, but the cooler data may restrain the Federal Reserve’s rate-hike campaign.
Layoffs are often one of the first ways companies cut costs. But they don’t take them lightly because there’s a lot at stake, not least employee goodwill and public image.