US job creation tumbles in March
Published Fri, Apr 7, 2017 · 01:03 PM
[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
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill
Fed survey cites inflation, US election as key financial stability risks
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO