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flag U.S. wage growth slowed, unemployment rose to a near-five-year high, and weak hiring raises economic concerns.

flag U.S. wage growth has slowed, with average hourly earnings rising modestly, while the unemployment rate holds at its highest level in nearly five years. flag Economists point to weakening labor demand, inflationary pressures, and cautious business hiring as key factors. flag Despite some labor market resilience, job creation hasn’t matched labor force growth, raising concerns about economic momentum. flag The Federal Reserve is closely watching these trends as they influence upcoming interest rate decisions.

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