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Jobs Slowdown Signals Weaker Labor Market | Charleston News
American employers lost 23,000 jobs last month — a shocking reversal after months of downward revisions, missing forecasts by over 100,000. The job market is cooling fast, with hiring sluggish, wage growth slowing, and workers facing fewer opportunities and less bargaining power. While average pay rose, it’s not keeping pace with inflation, squeezing families. Job cuts hit education and retail hardest, while healthcare remains strong. Unemployment dipped — but that’s mostly because people stopped looking for work, not because jobs are booming. This is the weakest job growth in a decade…
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