U.S. job growth slowed sharply, with just 29,000 jobs added as wage gains remained tepid, Diane Swonk said. Local government losses cut 17,000 positions from the total, while rising benefit costs continued to erode workers’ pay gains.
published
U.S. job growth slowed sharply, with just 29,000 jobs added as wage gains remained tepid, Diane Swonk said. Local government losses cut 17,000 positions from the total, while rising benefit costs continued to erode workers’ pay gains.
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