Employment Rates Slowing Down In The U.S.

The Labor Department has said employment remains healthy but is slowing down.

Friday, April 7th 2023, 12:32 pm

By: News 9


The Labor Department has said employment remains healthy but is slowing down.

Officials said the economy added 236,000 jobs in March which is a significant drop from January and February.

The drop could be a good sign for the Federal Reserve which has been raising interest rates to slow the economy and inflation.

The Labor Department said the unemployment rate sits at 3.5%.

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