Is the labor market approaching a halt? 🛑
➕ With 206,000 new jobs (nearly three-quarters of which belong to government and healthcare), the June jobs report shows growth, but some economists are concerned.
💸 Although growth has been solid this year, the Bureau of Labor Statistics revised the April and May reports to 111,000 fewer jobs, uncovering a trend in slowing payroll growth.
📉 Add to that diminishing wage growth and an unemployment rate that has slowly crawled up over the past months, and we have a labor market that is becoming uncomfortably cool for some economists.
Get the entire July Market Trends Report here: https://bit.ly/3WgEri9
#LaborMarket #IndustryTrends #Manufacturing #Construction #Warehouse
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2wGood to know!