This is a preview. View original post on this site
The labor market remains strong, but there has been some softening since the incredible growth and demand seen last year. In April, the U.S. economy added 253,000 jobs. In March, that number was just 165,000 after revisions. To be clear, this is still impressive strength but slower than many months during the hiring crazes of 2021 and 2022 – or even the first months of 2023.
Within the labor market, some sectors continue to be potential powerhouses. There is still plenty of room – and reason – to grow in two of the fastest-growing sectors: leisure and hospitality and
