Unemployment rate holds at 5%; numbers cast doubts on Fed rate hike this year
Sat, May 07, 2016 - 5:50 AM
CONTAGION?: The dip in job growth could raise concern that the economy's weakness has spread to the labour market.
THE US economy added the fewest number of jobs in seven months in April and Americans dropped out of the labour force in droves, signs of weakness that cast doubts on whether the Federal Reserve will raise interest rates before the end of the year.