Fresh off its worst non-recession performance in over two decades, the U.S. labor market begins the year on its heels. Employers added fewer than 50,000 jobs a month last year, down from 168,000 in 2024. While the unemployment rate crept up to 4.4%, it remains historically low, perhaps because immigration policies have limited the pool of available workers.
The new year is shaping up to be especially challenging for young workers, who remain sidelined by a "low-hire, low-fire" market as artificial intelligence automates entry-level work.
Source: LinkedIn
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