America’s Labor Market Holds Steady, But Real Wages and Job Quality Lag Behind
Today’s U.S. labor market numbers offer a snapshot that’s both reassuring and unsettling. Initial jobless claims remain exceptionally low at 200,000, and overall payrolls continue to grow, clear signs that companies aren’t rushing to lay off workers and that there’s no immediate sign of a recession. Yet beneath these stable headlines, the composition of job…
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