T he long-awaited cooling in the labor market may have begun in April, as payrolls climbed by a weaker-than-expected 175,000, ...
The US labor market cooled notably last month as both hiring and wage growth slowed more than economists had expected in ...
US job growth came in markedly below analyst expectations in April while unemployment crept up, government data showed Friday, signaling that the labor market is cooling.
U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.
The US economy cooled markedly in the first three months this year, expanding less than anticipated as consumer spending and ...
U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing ...
New York (CNN) — Almost every month, economists expect the hot US labor market to start showing signs of exhaustion. Instead, it plows forward full steam ahead. Last month was certainly no ...
US private sector activities slowed in April, with PMI at a 4-month low. Prices for goods and services rose at a slower pace, ...
"The US economic upturn lost momentum at the start of the second quarter," says S&P Global Market Intelligence's chief business economist. "Further pace may be lost in the coming months.