U.S. Added 223,000 Jobs in December, a Slight Easing in Pace
Collection Industry News
JANUARY 30, 2023
Interest rate increases have directly affected the labor market by taking the air out of the tech sector; the information services category dropped 5,000 jobs in December. Rising borrowing costs have also hamstrung home sales, resulting in sharp cuts at mortgage brokerages. Powell, communicated last month as inflation also subsided.
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