After rising costs, America faces its next hurdle — a ‘stagnating’ job market

Published 5 hours ago
Source: timesofindia.indiatimes.com
After rising costs, America faces its next hurdle — a ‘stagnating’ job market
US job growth is significantly slowing, with hiring at its weakest in two decades. While the economy isn't contracting, this trend, fueled by retirements and immigration restrictions, suggests a stable but uneven labor market. Experts warn of a potential K-shaped recovery, benefiting the wealthy while straining others, with AI adding further uncertainty.