Employment growth has slowed in 2019 and may do so again in 2020.
The US economy added 128,000 jobs last month, and the unemployment rate is at 3.6%, up from 3.5% in September.
In the Indeed Hiring Lab’s healthcare tracker, we analyze the Healthcare and Social Assistance industry using the latest Bureau of Labor Statistics data. We look at the state of overall Healthcare and Social Assistance employment, the industry’s subsectors and associated wages.
Industries in mining, transportation, and construction are major contributors to this year’s slowdown in the labor market.
The tightening of US national borders has had an impact on the job market.