After years of plentiful employment opportunities, healthy pay bumps and pandemic savings-fueled spending sprees, American workers now face a sobering economic reality: It’s getting harder and harder to find work, and more and more industries are shedding jobs.

The August jobs report showed the labor market has significantly cooled and isn't presenting many opportunities for job seekers.

After years of plentiful employment opportunities, healthy pay bumps and pandemic savings-fueled spending sprees, American workers now face a sobering economic reality: It’s…