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Friday’s jobs report from the Bureau of Labor Statistics shows that some industries are still struggling to return to pre-pandemic employment levels.
Overall job growth has slowed. There were 245,000 jobs added last month, 365,000 fewer jobs added than the revised number of 610,000 between September and October. The number of jobs added last month is the lowest since the major drop in jobs at the height of the first wave of the pandemic in April.
“Progress in the labor market has slowed at the worst possible time,” Nick Bunker, economic research director at Indeed, details ⇒
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