Current location:business >>
Another month of robust US job growth points to continued economic strength
business621People 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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Current news portal”。http://guinea-bissau.highlanderdistrict.org/news-62c199848.html
Related articles
Jordan stations 2 firefighting helicopters in Cyprus to help as summer fire season arrives
businessNICOSIA, Cyprus (AP) — Jordan on Monday stationed two helicopters in Cyprus to help the Mediterranea ...
【business】
Read moreNext UN climate talks are critical to plot aid for poorer nations, says incoming president
businessWASHINGTON (AP) — The man who will run United Nations climate talks this November views the negotiat ...
【business】
Read moreDoctors thought I had acid reflux
businessA cancer-stricken mother given six months to live has heartbreakingly told of her fears that her dau ...
【business】
Read more
Popular articles
- They shared a name — but not a future. How two kids fought to escape poverty in Baltimore
- The EPA is again allowing summer sales of higher ethanol gasoline blend, citing global conflicts
- Closing prices for crude oil, gold and other commodities
- Priest resigns from Michigan church after protests over his criticism of a gay author
- How Rita Moreno uses honors like an upcoming public television award to further her philanthropy
- Lazio up to sixth in Serie A after win at Genoa
Latest articles
US and Philippine forces stage combat drills near strategic channel off southern Taiwan
Nelly Korda 1 shot back through 36 holes at Chevron Championship as she chases 5th straight victory
Kings hoping goaltender Cam Talbot can return to early form as Stanley Cup playoffs begin
Nice scores three as lax defending against costs Lorient
James Corden appears in good spirits as he arrives with glamorous wife Julia Carey at the pre
China's BYD adds new dealership in Tokyo
LINKS
- We gifted President Xi a ticket for Mombasa
- Revenue of China's state
- Across China: German vlogger amazed by China's ethnic cultures
- Xinhua Headlines: Xi, Biden Hold Historic Summit, Charting Course for Improving Bilateral Ties
- Studies of dinosaur eggs flourish in southern China
- Confucius hometown forum calls for dialogue of civilizations
- Xi, Biden Had Candid, In
- Scenery of UNESCO World Heritage sites in Albania
- China's central bank to cut RRR by 0.5 percentage points
- China contributes over 50% growth to global renewable energy capacity in 2023