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Job Market Holds Despite Global Tension | San Antonio News
Job openings dipped slightly in June, but the market’s still resilient amid global tensions—especially with Iran and the Strait of Hormuz. While sectors like transportation and government gained roles, wholesale trade saw a drop. Layoffs held steady, and quit rates rose, signaling worker confidence. Hiring ticked up, though not at pandemic-era highs. Despite oil disruptions threatening supply chains, job growth remains strong—with companies, government, and nonprofits adding nearly 92K jobs monthly, up from just 10K last year. Economists expect July to bring 100K new jobs and keep…
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