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Where Is the Job Market Headed? Your Biggest Employment Questions, Answered


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What's happening

The job market appears to be holding up with a 3.5% unemployment rate, but it's uncertain how long that will last in a cooling economy.

Why it matters

As the Federal Reserve raises interest rates to temper inflation, it may drive the US economy into a recession, prompting more businesses to shutter or lay off workers.

What it means for you

When you're aware of the factors driving the job market now, it can help you decide your next career and money move.

During a live television interview earlier this summer, the news anchor asked me point-blank if there can be a recession with such a low unemployment rate. 

Needing to think on my feet, I said, "That's a good question," and deflected by talking about the state of inflation. (I'm such a pro.)

Many key indicators -- including ...


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