Jobs Are Slipping, Workers Are Winning | Topeka News

The latest jobs report reveals a troubling slowdown: employers cut 23,000 jobs in July, and previous months’ numbers were slashed by another 103,000 — signaling that labor shortages are finally catching up with the economy. Retail, gas stations, and finance all took hits, while healthcare added just 22,000 jobs — far below its usual pace. Small businesses are especially crushed, with a quarter citing labor shortages as their top problem — and many can’t afford to compete by offering benefits, pushing talent toward bigger companies. Meanwhile, job-switchers are getting the biggest pay raises in a year, proving employers are scrambling to fill roles. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d14d96660582ca4a