US jobs report to show hiring concentrated in only a few sectors
5/1/2024 7:11
A monthly US jobs report due Friday will probably show many industries refrained from hiring as employment gains increasingly concentrated in a handful of sectors, according to Bloomberg Economics.
The report will probably show employers added 140,000 workers to payrolls in December, with job gains concentrated mostly in the government, health care and leisure and hospitality sectors, Bloomberg economists led by Anna Wong wrote Thursday in a preview of the release.
Source: Bloomberg
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