Solid US hiring lowers unemployment rate in latest sign of a still-sturdy job market
Headline from WTOL Toledo
The economy is still expanding even after the Fed has raised its benchmark rate 11 times, from near zero in March 2022 to about 5.4%, the highest level in 22 years.
WTOL Toledo's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The economy is still expanding even after the Fed has raised its benchmark rate 11 times, from near zero in March 2022 to about 5.4%, the highest level in 22 years.
WASHINGTON >> U.S. businesses and other employers added a healthy 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing,” in which inflation would return to the Federal Reserve’s 2% target without causing a steep recession.
WASHINGTON (AP) — U.S. employers added a healthy 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing,” in which inflation would
U.S. businesses and other employers added a healthy 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing.”
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Solid US hiring lowers unemployment rate in latest sign of a still-sturdy job market | Since Then
