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Jobs Are Slipping, Workers Are Winning | Topeka News
The latest jobs report reveals a troubling slowdown: employers cut 23,000 jobs in July, and previous months’ numbers were slashed by another 103,000 — signaling that labor shortages are finally catching up with the economy. Retail, gas stations, and finance all took hits, while healthcare added just 22,000 jobs — far below its usual pace. Small businesses are especially crushed, with a quarter citing labor shortages as their top problem — and many can’t afford to compete by offering benefits, pushing talent toward bigger companies. Meanwhile, job-switchers are getting the biggest pay raises…
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