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2025 Was a Tough Year to Be a Jobseeker: Job Growth Slowed to a Crawl
In 2025, economic growth cooled significantly, with just 49,000 new jobs added monthly on average. Jobseekers faced intense competition in a tough labor market. This article dives deep into the economic forces behind the slowdown and what it means for the future.
Americans Tap Savings and Debt Amid Widespread Financial Distress
Nearly all Americans are cutting back on spending—even on essentials—signaling widespread financial strain as households dip into savings and rack up debt.
Fed’s Barkin Highlights Persisting Low-Hiring Climate Despite Job Growth
Richmond Fed President Tom Barkin says recent job data shows only modest gains in employment amid a continuing low-hiring environment, signaling caution among businesses navigating economic uncertainties.
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