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US: Holiday jobs market shows signs of cooling off
Workers looking to pick up a seasonal job may have a harder time getting one this holiday season amid signals the red-hot job market may be cooling off. Why it matters: The holiday hiring season serves as an annual end-of-the-year litmus test for how companies like retailers — which are constantly studying consumer behavior — are feeling about the broader economy. The big picture: U.S.-based retailers have indicated plans to hire the same or fewer numbers of seasonal workers over concerns about higher labor costs and potentially weaker consumer spending tied to inflation, rising interest rates, and depleting ... (full story)
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