Tuesday, December 24, 2024

US adds a strong 242,000 jobs; rate holds at low 4.9%

Friday, March 4, 2016, 16:32
This news item was posted in Business category and has 0 Comments so far.
US adds a strong 242,000 jobs; rate holds at low 4.9%

The pickup in job gains shows that the US economy has largely weathered a broader global slowdown without suffering much blowback. Worker pay slipped last month after accelerating in January. But more Americans who had been sitting on the sidelines began searching for jobs and found them.

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