The labor market is finally stabilizing, but there's a catch

New private sector data shows signs of life for a labor market that's stabilizing after a dismal year for hiring. Why it matters: It's a welcome development in an economy digesting global trade uncertainty, fast-moving AI technological advancements and a new geopolitical shock. Yet just two sectors are carrying the entire labor market, making hiring more fragile than the headline numbers suggest. What they're saying: "In our data, job market growth is gaining traction. In employment terms, Feb