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Skill Demands Squeeze Entry-Level Hiring

Employment Trends Unemployment Rate 4.3% The unemployment rate was unchanged, and nonfarm payroll increased by 172,000 in May. Leisure and hospitality, local government and healthcare saw increases, while employment declined in financial activities. The labor force participation rate was unchanged at 61.8%. Average hourly earnings increased by 12 cents (0.3%) to $37.53. The average workweek
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Cascade Business News broke the news on Tuesday, June 16, 2026.
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