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The June Employment Trends Index from The Conference Board reveals an economy where fewer companies are hiring, but not many are firing either.
Private sector employment fell last month, but wage growth is still on the rise. The unemployment rate is fairly low by historical standards.
Uncertainty still looms over manufacturers’ decisions about whether to pass on tariff costs and what to do about hiring.
Next week's May jobs report is expected to show steady employment growth and continued low unemployment.
Stagnant productivity growth will have implications for inflation, innovation, and standards of living over time.
The monthly jobs report is actually two reports based on two surveys that use different sources for different information.
China’s job hunters say there are fewer decent jobs and more applicants, whether they’re seeking manual work or office positions.
The data is in line with pre-COVID claims volume, and the job market often sags in January.
That’s 3% fewer than a year ago. If it keeps dropping, it could be a sign the labor market is getting warmer.
Some Americans work a second job to make ends meet. Others do it to build up cash or gain experience in a different field.