The Week (US)

Jobs: Hiring slows as unemployme­nt stays low

-

The Labor Department reported last week that employers added 136,000 jobs to the economy in September, while the unemployme­nt rate dropped to 3.5 percent, said Anneken Tappe in CNN.com. Though the U.S. unemployme­nt rate is at its lowest point since 1969, “the pace of hiring has slowed considerab­ly since 2018, when the economy added an average of 223,000 jobs per month.” Other reports have found that American factory activity has contracted for two straight months.

Newspapers in English

Newspapers from United States