The slowdown was particularly pronounced in certain sectors:
- Professional and business services declined by 16,000 jobs
- Manufacturing lost 8,000 positions
- Information services saw a decrease of 4,000 jobs
However, some sectors continued to add jobs:
- Education and health services increased by 29,000
- Construction added 27,000 positions
- Financial activities gained 18,000 jobs
Layoffs on the Rise
Compounding…
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