[ad_1] WASHINGTON: Hiring in the United States slowed in June, the Labor Department said Friday, with fewer new jobs created than many had expected, a signal that the economy could be cooling down. The slower pace of hiring will be welcome news for the US Federal Reserve, which recently paused its aggressive campaign of rate … Read more
[ad_1] America’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Federal Reserve has imposed over the past year in its drive to tame inflation. The unemployment rate fell to 3.5 percent, just above the 53-year low of 3.4 percent set … Read more
[ad_1] WASHINGTON: Job gains in the United States eased in March for a second straight month, government data showed Friday, adding to signs that the economy is cooling as policymakers push on in their fight against inflation.The country added 236,000 jobs in March while the unemployment rate inched down to 3.5 percent, the Labor Department … Read more