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It pushes back on the idea that the economy is slowing. But the number of workers who quit, were hired or were laid off didn’t change much.
Some laid-off workers are surprised at how fast they were able to find new positions, says Sarah Chaney Cambon of The Wall Street Journal.
More people in the United States are working two full-time jobs than ever before, says Lauren Kaori Gurley of The Washington Post.
There were even job gains in construction and finance, which were expected to slow down. Wages grew again too.
States are upgrading antiquated technology. But there are still big disparities among states.
It’s unlikely a crash in employment would prompt a recession. In spite of a slowdown in job creation, the job market remains relatively strong.
There are still almost two jobs open for every person looking for work, the Bureau of Labor Statistics reported this week.
Even when you’re passionate about work, making it your whole identity can be toxic, experts say.
If you want to understand the challenge of slowing inflation without damaging the labor market, picture a skateboard ramp.
Some graduated into a pandemic and are experiencing high inflation and market volatility. That’s changing their approach to their finances.