U.S. Job Market Shows Signs of Cooling, Not Collapse

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Source: MarketWatch
U.S. Job Market Shows Signs of Cooling, Not Collapse
Photo: MarketWatch
TL;DR Summary

The US jobs market shows signs of stagnation with rising layoffs reported by large companies and low hiring activity, but low jobless claims and stable unemployment rates suggest it isn't collapsing yet. The delayed employment reports due to the government shutdown complicate the assessment of the labor market's health, which may remain uncertain until early next year.

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