The U.S. Job Market Is Slowing — Should We Be Worried?
Allwork
MAY 21, 2024
Slowing job growth may curb inflation but can reduce disposable incomes, purchasing power, and overall economic output, potentially signaling underlying structural issues like skills mismatches or economic vulnerabilities. In stark contrast, in 2024 the average monthly job creation rate fell to 245,500. million in February.
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