The gain of 263,000 was shy of recent monthly totals but still robust. Stocks fell on fears of a harder, longer Fed campaign to fight inflation.
Tag: Labor Department (US)
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U.S. Job Growth Slowed in August
The monthly employment report suggested that the Federal Reserve might be able to tame inflation without causing a recession.
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UPS Drivers Say ‘Brutal’ Heat Is Endangering Their Lives
As summers have grown hotter, high temperatures inside trucks without air conditioning have also sickened postal carriers and others who deliver America’s packages. A few have died.
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With Surge in July, U.S. Recovers the Jobs Lost in the Pandemic
The increase of 528,000 outstripped expectations, and the gains were spread widely across industries. The jobless rate fell to 3.5 percent.
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U.S. Economy Added 372,000 Jobs in June, Defying Slowdown Fears
The strong Labor Department report comes as consumers and businesses express increasing concern about a downturn.