The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
The US economy underperformed expectations in April, adding only 175,000 nonfarm payroll jobs in that month, according to the Bureau of Labor Statistics. The news comes as the Federal Reserve seeks to ...
2 May: ‘Higher-For-Longer’ Narrative Sinks Deeper Roots The US Federal Reserve has kept interest rates in a target range between 5.25% and 5.5% and signalled that borrowing costs are likely to remain ...
WASHINGTON (Reuters) - U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid. Nonfarm productivity ...
U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different ...
Gold prices climbed 1% on Thursday after fresh data from the Labor Department indicated that the number of Americans filing ...
WASHINGTON — The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the ...
US hiring slows more than expected in sign of cooler market ... US job growth was markedly below analyst expectations in ...
WASHINGTON (Reuters) - U.S. labor costs increased more than expected in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely ...
Traders have pulled forward their expectations for the first interest rate cuts in the US as the economy added fewer jobs than expected. Money markets indicate the US Federal Reserve will cut ...