US job growth accelerates to fastest pace in 15 months in March

Column chart titled 'Monthly change in US jobs'

Jobless claims increase 178,000 in March Unemployment rate drops to 4.3% from 4.4% amid drop in participation rate The average work week shortens to 34.2 hours from 34.3 hours WASHINGTON, April 3 (Reuters) – U.S. job growth picked up sharply in March as a health care workers’ strike ended and temperatures rose, but labor market … Read more

US job growth is likely to pick up in March, as war casts a shadow over the labor market

US job growth is likely to pick up in March, as war casts a shadow over the labor market

Nonfarm payrolls are forecast to increase 60,000 in March Economists say it will take time for the oil price hike to affect the labor market The unemployment rate is expected to remain steady at 4.4% WASHINGTON, April 3 (Reuters) – U.S. job growth may have picked up in March as a health workers’ strike ended … Read more

Iran war exposes weakness of US ‘no-hire’ economy

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ORLANDO, Florida, April 2 (Reuters) – US job growth is slowing to a halt. If this was tolerable to policymakers or acceptable to investors before the Iran war, it should not be now. The labor market has been struggling for some time, but this has been overshadowed by the unemployment rate, which has come down, … Read more

US consumer confidence is rising, but job opportunities and hiring are falling sharply

US consumer confidence is rising, but job opportunities and hiring are falling sharply

Job opportunities fell by 358,000 in February, led by a decline in small and medium-sized businesses. Layoffs and layoffs increased to 1.721 million, and the rate increased to 1.1%. The Conference Board review shows few plans to buy big-ticket items despite some optimism WASHINGTON, March 31 (Reuters) – U.S. consumer confidence rose unexpectedly in March, … Read more