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EconomyUS labor market loses momentum, weakening workers’ leverage to raise pay

The US labor market has lost some momentum, leaving workers with less leverage to boost their income and keep pace with inflation. The pay premium for switching jobs has also narrowed.

US labor marketwagesinflation

CCNN★★☆☆☆2026-10-16 14:01Original

US labor market loses momentum, weakening workers’ leverage to raise pay
Economy