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Federal Reserve Echo Chamber: Private Sector Job Growth at Slowest Pace Since 2003

Summary: In a report echoed by the Federal Reserve, Wall Street Journal journalist Nick Timiraos analyzed the 2025 US employment data released today. In 2025, private sector employers added an average of 61,000 jobs per month, marking the slowest pace of job growth in the private sector since the so-called jobless recovery of 2003, when the ...

In a report echoed by the Federal Reserve, Wall Street Journal journalist Nick Timiraos analyzed the 2025 US employment data released today. In 2025, private sector employers added an average of 61,000 jobs per month, marking the slowest pace of job growth in the private sector since the so-called jobless recovery of 2003, when the economy was not in recession.

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