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Job Market Stabilizes Amid Wider Concerns | Dayton News
The U.S. job market is rebounding after a rough year, with employers adding 92,000 jobs monthly—up from losses last fall—and unemployment dipping to 4.2%. But the recovery’s uneven: restaurants and hotels slashed 61,000 jobs despite the World Cup hype, while wages lag behind inflation. A troubling trend? Seven hundred thousand people dropped out of the workforce entirely in June, dragging the unemployment rate down artificially and pushing labor participation to its lowest level in 50 years. Underlying pressures—from immigration policies to aging boomers—may be dampening labor force…
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