Latest / Dayton News Today | 2 Min News | The Daily News Now!
Jobs Slow, Wages Lag Behind Inflation | Dayton News
American employers lost 23,000 jobs last month — a sharp reversal after two prior months’ gains were slashed by over 100,000. The report missed expectations badly, with analysts predicting 83,000 new jobs but seeing instead a slowdown that’s chilling hiring across the board. Economists are sounding the alarm: job growth and wage increases are both cooling, with one calling it “weak all around.” It’s not mass layoffs, but companies holding off on hiring, leaving job seekers with fewer options, less leverage in pay talks, and a tougher hunt. Some are dubbing the market “low-hire, low-fire…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.