U.S. Job Growth Cools But Remains Steady; New UAW Contract Brings Wage Gains
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U.S. employers added 150,000 jobs in October, falling short of expectations but still representing healthy job creation.
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Some signs of cooling in the labor market as wage growth decelerated slightly and unemployment ticked up.
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Markets reacted positively to data showing moderation, as it may deter Fed from further rate hikes.
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Forecasts for next year mixed, with some seeing recession but others expecting continued growth.
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For workers like Tenisha Hodges, new UAW contract provides prospect of significant wage gains.