Episode Details

The U.S. job market’s July surge looks promising—nearly 98,000 new jobs after a sluggish June—but the real story is messy: companies are holding onto workers tightly, layoffs are at historic lows, and pay bumps for switchers hit seven percent. Yet for job seekers, especially younger or long-term unemployed folks, the path forward is steep. Tech-driven efficiency means fewer openings, and a growing number of people have quietly dropped out of the labor force, making unemployment stats misleading. It’s a rebound with sharp divides—some thriving, others stuck.

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