WASHINGTON (AP) — 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. Friday’s government report showed that last month’s hiring gain was down sharply from the blockbuster increase of 315,000 in March.
Us Employers Scaled Back Their Hiring In April, Adding 175,000 Jobs In The Face Of Higher Borrowing Rates
Associated Press, South Florida Sun-Sentinel
Fri, 05/03/2024 - 5:32am
Topics: washington ap friday s federal reserve stock rubeela farooqi u.s high frequency november president joe biden government december local paul ashworth capital temporary america s july inflation a the april friday march fed june the fed a economics october the fed s employers jobs borrowing rates month market gain cuts added companies persistently levels interest slowdown slowing consumer fell target monthly increase wage economists steady predicted pace openings fight lowest years robust million growth report year gains decent year-over-year spending economy aggressively steadily prices unemployment strength state nation
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- US employers scaled back their hiring in April, adding 175,000 jobs in the face of higher borrowing rates
Get ready for your week with the week’s top business stories from San Diego and California, in your inbox Monday mornings. A new report from a digital civil rights group has found that publicly ...
05/3/2024 - 2:32 am | View Link - US employers scaled back hiring in April but still added 175,000 jobs in the face of higher rates
WASHINGTON (AP) — The nation’s employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that ... the resulting jump in borrowing costs to cause a recession ...
05/3/2024 - 1:53 am | View Link - US employers scaled back hiring in April, adding 175,000 jobs in the face of higher borrowing rates
WASHINGTON (AP) — The nation’s employers pulled back on their hiring in April but ... and business borrowing. Stock prices jumped and bond yields fell Friday after the jobs report was released ...
05/3/2024 - 1:52 am | View Link - More
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