Jobs Cut, Workers Out | Lubbock News

Employers slashed 23,000 jobs last month—way below forecasted 100,000 new hires—and revisions show even fewer jobs than previously reported. Public schools, restaurants, and retailers took the brunt. The unemployment rate dipped to 4.1%, but not because more people got jobs—it’s because over 260,000 Americans simply dropped out of the labor force. This “no hire, no fire” market sees companies clinging to existing staff due to past shortages, while job seekers—even those with degrees—struggle to land roles amid hiring slowdowns, immigration shifts, and economic uncertainty. Construction and manufacturing saw modest gains, but overall hiring is cooling, shaped by rising energy costs and tech advances. 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/4bb6bb47629406f5