US job creation tumbles in March

Published Fri, Apr 7, 2017 · 01:03 PM
Share this article.

[WASHINGTON] The US unemployment rate fell in March to 4.5 per cent, its lowest level in nearly 10 years, but job creation tumbled unexpectedly, government data showed Friday.

After months of pumping out new jobs at a steady clip, the world's largest economy added only 98,000 net new positions, the Labour Department reported - a figure far below analyst expectations.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here