Jobs Are Vanishing Despite Low Unemployment | Hattiesburg News

Job market shocks hit hard as 125,000 positions vanished in May and June — not from growth, but from mass exits. Though the unemployment rate dipped to 4.1%, it’s a misleading number: 264,000 people simply stopped looking for work. Public schools, restaurants, and retail all slashed jobs, while construction and manufacturing offered tiny bright spots. Despite record-low layoffs and a historic low in new unemployment claims, finding work is harder than ever — even for college grads. Employers aren’t hiring aggressively; the pipeline into jobs is drying up, and the economy’s expansion isn’t delivering the usual labor-friendly bounce. 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/2ddf6aa5ad8d636a