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2min chapter
US Payrolls Increase by Just 12,000, Hit by Storms and Strikes
Bloomberg Businessweek
Intro
This chapter examines the latest payroll report revealing a sharp decline in hiring activity, the slowest since 2020. It also discusses the impact of external factors like hurricanes and labor strikes on the employment data, while noting stable unemployment rates and modest growth in hourly wages.
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Discover
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