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Job Market Softens, Minority Groups at Risk
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Overview
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The US job market's softening poses concerns for minority groups and less-educated workers, with the potential for increased joblessness in the future. The article highlights the rise in unemployment for younger people, particularly young Blacks not enrolled in school, and the impact of the Fed's interest rate increases on job outcomes for different groups.
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How does the softening job market reflect broader trends in the US economy and labor market?
How might the potential widening of the employment gap for less educated and disadvantaged groups impact social mobility and economic inequality?
What measures could be taken to mitigate the impact of job market softening on minority groups and less-educated workers?
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