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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.
Private-sector wages are up about 5% over the past year. But gains guaranteed by government can’t be lost during an economic downturn.
The strongest gains were in health care and manufacturing. The 261,000 jobs added beat expectations.
Chair Jerome Powell says there’s still too much demand for workers for inflation to come down.
The tight job market means it’s been years since Matt Gehman has hired new qualified employees at MMG Industrial and Metal Locking Service.
Employers keep looking for workers to meet consumer demand, though there are signs the labor market may cool down.
Starting today, any company in New York City with at least four employees will be required to include salary ranges in their job postings.
Different in many ways. But not that different.
There’s less demand for workers in retail and many service sectors.
After being laid off, marketing professional Collin Cook has been pitching himself as a “Swiss Army knife.” He’s had mixed results.