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Axios
Axios

The labor market is finally stabilizing, but there's a catch

New private sector data shows signs of life for a labor market that's stabilizing after a dismal year for hiring.

Why it matters: It's a welcome development in an economy digesting global trade uncertainty, fast-moving AI technological advancements and a new geopolitical shock.

  • Yet just two sectors are carrying the entire labor market, making hiring more fragile than the headline numbers suggest.
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