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Reports from companies and job search sites indicate that employers are lowering the pay they offer for newly posted jobs.
As supply chains normalize and labor demand slackens, prices and wages are cooling off.
It’s still a relatively rare benefit: About 8% of employers in the country offer help with student loan debt.
Rural towns have long dealt with labor scarcity, and many have strategies for attracting and investing in talent.
The “dual labor market” theory paints a picture of two very different job markets in terms of stability, pay, and mobility.
A new Fed study goes beyond the “strong labor market” headlines and finds workers struggling with landing jobs, burnout and more.
The four-week moving average of unemployment benefits claims is at the highest level since late 2021. Is this more evidence of a slowly cooling economy?
Prices rose 4.9% year over year in April and 0.4% during that month. Consumer fatigue is showing in higher credit card balances and lower savings.
The moderation in pay growth is part of more balanced and stable economic conditions, some economists say.
The number of openings decreased for the third straight month in March, but it’s still historically high.