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A struggling labor market and job insecurity go hand in hand—that is an undeniable fact. As the cost of living keeps going up without a parallel increase in wages and income, it can be very difficult for the average consumer to keep up with the market without drastically changing their spending h
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bits. Surprisingly, a recent report from Bank of America showed that despite the labor market supporting spending right now, cracks are emerging in the facade. If the jobs are stable and the spending is relatively balanced, then why is the workforce facing so much uncertainty? It might have something to