US job growth beats expectations in February as economy still hot

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

WASHINGTON: The United States added more jobs than expected in February - though fewer than the previous month, government data showed Friday (Mar 10), suggesting policymakers have more to do to cool down the world's biggest economy. The numbers - which saw the unemployment rate tick up - bring slight reli

WASHINGTON: The United States added more jobs than expected in February - though fewer than the previous month, government data showed Friday , suggesting policymakers have more to do to cool down the world's biggest economy.

"Notable job gains occurred in leisure and hospitality, retail trade, government, and health care," the department added. Although indicators suggested the economy was cooling, after eight Fed rate hikes since early last year to lower inflation, data released last month raised fears that the central bank would have to do more in the coming days.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

老是裁员?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines