Current location:Earth Enquirer news portal > world
Another month of robust US job growth points to continued economic strength
Earth Enquirer news portal2024-05-01 15:34:58【world】4People have gathered around
IntroductionWASHINGTON (AP) — America’s employers delivered another outpouring of jobs in March, adding a sizzli
WASHINGTON (AP) — America’s employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates.
Last month’s job growth was up from a revised 270,000 in February and was far above the 200,000 jobs that economists had forecast. By any measure, it amounted to a major burst of hiring, and it reflected the economy’s ability to withstand the pressure of high borrowing costs resulting from the Federal Reserve’s interest rate hikes. With the nation’s consumers continuing to spend, many employers have kept hiring to meet steady customer demand.
Friday’s report from the Labor Department also showed that the unemployment rate dipped from 3.9% to 3.8%. The jobless rate has now remained below 4% for 26 straight months, the longest such streak since the 1960s. The government also revised up its estimate of job growth in January and February by a combined 22,000.
Address of this article:http://unitedarabemirates.mybodyonelife.com/article-39b799904.html
Very good!(21)
Related articles
- More Republican states challenge new Title IX rules protecting LGBTQ+ students
- Guiyang's tourist appeal grows
- Messi: I'll retire when I can't help my team
- China launches 504
- Abuse allegations against former Olympic rower, coach found to be credible, US Rowing probe says
- Guangdong hand Sichuan 14th defeat in a row
- China's top procuratorate releases typical real
- Hanjiang River in south China sees 2nd flood of 2024
- How to be a 'Fall Guy': Stunt performers on their rough
- Xi calls on Chongqing to write its chapter in Chinese modernization
Popular articles
Recommended
I'm a psychologist
Foreigners' tours in China to be more convenient: minister
China opens 829 sites providing free pneumoconiosis treatment
Xi calls on Chongqing to write its chapter in Chinese modernization
Lawmakers and advocates make last
NFL Draft 2024: Ex
Guangdong hand Sichuan 14th defeat in a row
British troops may be tasked with delivering Gaza aid, BBC report says
Links
- ACWF Holds Mobilization Meeting on Party History Learning and Education
- China Initiates Campaign to Honor Role Models in Enhancing River, Lake Protection
- ACWF President Urges Long
- Incredible Stories of 40 Heroines in Anti
- Two Sessions
- Huang Xiaowei Joins Panel Discussion of 3rd Session of 13th CPPCC National Committee
- ACWF, CMWA Express Regards to Women Medical Workers Fighting Against NCP
- Spreading Traditional Chinese Culture
- ACWF and Supreme People's Procuratorate Join Hands to Strengthen Protection of Women and Children
- China's NCPA to present opera by Richard Wagner