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For much of the past 12 months, extremely high uncertainty (from sweeping policies such as those related to tariffs); dramatic shifts in the nation’s immigration flows; and, to a much lesser extent, companies testing the AI waters, have resulted in muted employment gains – or even outright losses – across most industries.
The lone exceptions have been health care – an industry growing as a result of an aging population – and leisure and hospitality, which has reaped some of the spoils from an increasingly bifurcated economy.