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10min chapter
Two Gauges of US Jobs Advance, But Unusually Large Gap Remains
Bloomberg Businessweek
Resilience and Recovery: Job Growth in March
The chapter explores the strong job growth in the US labor market in March, exceeding expectations across sectors like healthcare, construction, and hospitality. It discusses the post-pandemic recovery of the labor market, noting a mismatch as employers hire more than employees actively seek new opportunities. The conversation also touches on the impact of technological advancements, demographic shifts, and immigration policies on the current dynamics of the labor market.
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