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Jobs Slowdown Hits Retail and Finance | Baton Rouge News
Description
The latest jobs report is sounding the alarm: employers lost 23,000 jobs in July, with over 100,000 previous months’ figures revised down—hinting at a stalled economy. Retail and finance are hit hardest, while small businesses scream about labor shortages, struggling to compete without health benefits. Healthcare added jobs but slower than before, and pay for job switchers is surging fastest in a year—proof that talent is scarce and competition is fierce.
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