Finance and insurance job listings fell to a 13-year low, with a vacancy rate of 1.9%. The Kobeissi Letter notes a significant drop of 75% from 2022 peaks, hinting at possible layoffs in the sector.
Despite the overall job loss of 92,000, financial activities represented growth with an addition of 10,000 jobs. Meanwhile, healthcare suffered the most with 28,000 jobs lost due to a strike.
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