Tag: economics
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The Job Market Reaches a Tipping Point as the Hiring Boom Takes a Breather
After a prolonged post-pandemic hiring frenzy, the U.S. labor market is showing signs of cooling. In July, employers added just 114,000 new jobs, significantly fewer than economists had anticipated. The unemployment rate also spiked to 4.3%, the highest level since 2021. Adding to the concerns, the Labor Department recently revised its data, revealing that the…
Daniel Kaufman Real Estate 