US Hiring Rises Unexpectedly But Labor Market Shows Signs Of Cooling

  • 📰 AllSidesNow
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Hiring in the United States logged a surprise jump last month, government data showed on Friday, but unemployment rose to the highest level since e...

Hiring in the United States logged a surprise jump last month, government data showed on Friday, but unemployment rose to the highest level since early 2022 as the economy shows signs of cooling.

The world's biggest economy added 187,000 jobs in August, according to the Labor Department, but wage growth slipped and the jobless rate climbed to 3.8 percent. The uptick in job gains came as employment figures for June and July were both revised downwards, and the numbers overall signal a steady pace of hiring while the labor market...

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:

 /  🏆 572. in UK
 

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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines