June jobs report reveals weakening labor market with rising long-term unemployment and shrinking participation despite headline gains in government and low-wage sectors

6.5M sidelined want work participation rate keeps falling… 1. Sector BreakdownJune job gains were led by gov’t, healthcare, and hospitality—low-wage, service-heavy sectors. Meanwhile, business services, manufacturing, and tech were flat or shrinking. This isn’t strength—it’s a shift toward unproductive labor. …

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