As Fed approaches rate hike, job growth shifts away from oil
Tulsa, Oklahoma
THE rebound in US jobs, limited in the early part of the recovery to a handful of booming industries such as oil, has broadened across the country as old-line industrial areas such as Michigan and sunbelt hubs such as Florida pick up the slack.
A Reuters analysis of state-level data shows recovery in jobs has been spreading across the country and industries, helping to offset the reversal in fortunes in some oil patch states.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China says Hamas and Fatah express will for reconciliation
US consumer confidence at lowest level since 2022
Record gold prices boost recycling: WGC
Malaysian fast food operator QSR shelves IPO plans amid boycott campaign: sources
WHO warns of bird flu risk spreading to cows outside US
Sri Lanka’s key inflation rate rises to 1.5% in April