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What the strong jobs report means for the Fed’s plan to lower interest rates
WASHINGTON, D.C. (NewsHour) — The labor market was running hot again last month as U.S. employers added 353,000 jobs, double what many expected. It’s been resilient for months despite predictions… Read More
The job market slowed last month, but it’s still too hot to ease inflation fears
WASHINGTON (NPR) — Hiring cooled last month from its sizzling pace in January, but the U.S. job market remains unusually hot, with an unemployment rate hovering near a half-century low…. Read More
Tepid U.S. Jobs Report Adds To Economic Jitters
The Labor Department says U.S. employers added 130,000 jobs in August, fewer than private analysts had expected. The unemployment rate was unchanged at 3.7%.