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U.S. employers added fewer jobs in December than forecast, while the jobless rate fell below 4% and wages jumped, adding to evidence of a tight labor market that’s expected to help spur Federal Reserve interest rate liftoff as soon as March.
The 199,000 increase in nonfarm payrolls last month followed upward revisions in the prior two months, according to a Labor Department report. The unemployment rate fell to 3.9%, while the labor force participation rate was unchanged.
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As costs for healthcare and housing rise, a Dayforce study highlights widening gender and racial wage gaps reshaping workforce stability.
Despite job openings and increasing unemployment, employers are having a hard time filling roles formerly occupied by non-American workers.
Most workers say they are satisfied with their jobs, but a new survey finds rising anxiety about the labor market, AI-driven job losses and financial stress.
Exec from Crum & Foster explains how the organization has seen tremendous success by covering travel protection for their own employees.
Formerly incarcerated workers face steep job barriers, but an Arizona manufacturer offering second-chance hiring is showing how supportive policies can strengthen businesses.
