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Jobs Slow, Mismatch Looms | San Jose News
Job growth in the U.S. stalled last month, with only 57,000 new positions added — a sharp slowdown that signals lingering economic uncertainty. While the unemployment rate dipped to 4.2%, it’s largely due to fewer people actively seeking work. Businesses remain cautious amid high inflation and weak consumer confidence, leading to a paradox: employed workers are staying put, but job seekers are struggling to land roles. The hospitality sector, surprisingly, shed 61,000 jobs despite the World Cup, while retail also cooled. Meanwhile, professional services and healthcare surged, hinting at…
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