- Challenger reports a sharp decline in layoffs in December. Job cuts hit a 17-month low, potentially signaling labor market stabilization.
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- After falling in November, private payrolls rose 41K in December, slightly below expectations, according to private payroll company ADP.
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- Minimum wages went up in 19 states in January. Most rose to $15/hour or more, providing a pay bump for an estimated 8.3 million workers.
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