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Topline
The labor market continues to add jobs at a rapid clip even as many major employers keep slashing thousands of jobs, but a lagging technology sector and a slew of other industries struggling to add jobs illustrate the potential difficulties that could spread across the economy later this year.
Key Facts
The job market has consistently performed better than economist projections in recent months, adding back nearly 1.6 million jobs since last year in a sign of “robust” growth, Federal Reserve officials have said.
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