Diamond Member Pelican Press 0 Posted May 3, 2024 Diamond Member Share Posted May 3, 2024 U.S. job growth totaled 175,000 in April The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, reversing a trend of robust job growth that had kept the Federal Reserve cautious as it looks for signals on when it can start cutting interest rates. Nonfarm payrolls increased by 175,000 on the month, below the 240,000 estimate from the Dow Jones consensus. The unemployment rate ticked higher to 3.9% against expectations it would hold steady at 3.8%. Average hourly earnings rose 0.2% from the previous month and 3.9% from a year ago, both below consensus estimates and an encouraging sign for inflation. This is breaking news. Please check back here for updates. This is the hidden content, please Sign In or Sign Up Employment figures,Unemployment,Markets,Breaking News: Markets,Breaking news,Economy,Breaking News: Economy,business news #U.S #job #growth #totaled #April This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/25988-us-job-growth-totaled-175000-in-april/ Share on other sites More sharing options...
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