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Schwab Network

Labor Market Trends to Watch

7 min5 december 2025

Evan Sohn cites labor market trends to watch and pressures on consumer spending. He notes that manufacturing job declines are coming from Apple (AAPL), AstraZeneca (AZN), and Intel (INTC) even as they invest in reshoring manufacturing, but he argues automation and efficiency could be pushing people out.


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