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Catherine Falls Commercial/Getty Images(NEW YORK) -- A worse-than-expected jobs report on Friday offered the latest evidence of an economic slowdown that could
Catherine Falls Commercial/Getty Images(NEW YORK) -- A worse-than-expected jobs report on Friday offered the latest evidence of an economic slowdown that could help ease inflation and trigger interest rate cuts. The trend, however, threatens to downshift the nation’s brisk economic growth.Employers hired 175,000 workers last month, falling short of economist expectations of 240,000 jobs, U.S. Bureau of Labor Statistics data showed. The unemployment rate ticked up to 3.9%, which remains near a 50-year low.The hiring in April marked a steep slowdown from the previous month and delivered the lo...
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Catherine Falls Commercial/Getty Images(NEW YORK) -- A worse-than-expected jobs report on Friday offered the latest evidence of an economic slowdown that could help ease inflation and trigger interest rate cuts. The trend, however, threatens to downshift the nation’s brisk economic growth.Employers hired 175,000 workers last month, falling short of economist expectations of 240,000 jobs, U.S. Bureau of Labor Statistics data showed. The unemployment rate ticked up to 3.9%, which remains near a 50-year low.The hiring in April marked a steep slowdown from the previous month and delivered the lo...
U.S. employers added 175,000 jobs in April.