Mixed Jobs Report Adds to US Economy Concerns
By Natalie Sherman Job growth in the US was weaker than expected last month, raising concern that the world’s largest economy is starting to stumble under the weight of higher interest rates. Employers added 142,000 jobs in August, less than the roughly 160,000 analysts had forecast, the Labor Department said. It also said job gains […]
US Job Growth Slows, Unemployment Rate Increases
By VOA News U.S. job growth in July slowed to an unexpected 114,000 jobs added in the wake of interest rate hikes by the Federal Reserve in 2022 and 2023. Job growth declined from the 179,000 jobs added in June, according to the report released Friday by the Department of Labor. Most economists polled by […]