2026-02-12 679词 中等
The annual revisions to past reports show how bad last year was for job creation. They erased 403,000 jobs from the record. But that’s in the rear-view mirror now. The recent job gains along with a steady participation rate and a lower unemployment rate (against the background of a labour force that is expanding gently) paint a picture of stability. That picture is confirmed by the trend in wage growth, which has been running at just less than 4 per cent for a year:
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