Job Report Highlights Rising Unemployment at 5.1% and Slowing Wage Gains
We from this newsroom are tracking the newest Job Report data, and the story is clear. The unemployment rate has climbed to 5.1%, the highest in years. At the same time, wage gains are slowing. These two facts together tell us the job market is losing strength. The numbers matter. They affect everyday people, businesses, and even central banks.
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