The nation's job market took a turn for the worse last month as employers sharply pulled back their hiring and the unemployment rate edged up to 9.1%, the Labor Department said Friday.
Similar Stories to May Unemployment Rate Up To 9.1%; Employers Add Just 54,000 To Payrolls on Bing News
Los Angeles Times - Top News, Los Angeles Times
Fri, 06/03/2011 - 8:44am
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BING NEWS:
- US employers scale back hiring
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 robust U.S.
05/3/2024 - 7:54 pm | View Link - US employers scaled back hiring in April, still added 175,00 jobs
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 robust U.S. job market.
05/3/2024 - 7:08 pm | View Link - Jobs Data, Tech Stocks Power Indexes to Weekly Gains
Renewed hope for interest-rate cuts fueled a rally, though shares of some companies like TD Bank fell.
05/3/2024 - 8:20 am | View Link - U.S. job, wage growth slow in April, boosting prospects for summer Fed rate cut
Annual unemployment rate of 3.9% was up slightly, and the number of unemployed workers remained at 6.5 million.
05/3/2024 - 8:09 am | View Link - U.S. Job Market Eases, but Hiring Remains Firm
Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.
05/3/2024 - 7:43 am | View Link - More
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