US Job Growth Slows As Employers Add 50,000 Jobs, Unemployment Rate Falls To 4.4% After Weak Year For Hiring
(MENAFN- Live Mint) US employers added a modest 50,000 jobs, capping a year marked by consistently weak hiring momentum. The latest data underscore a labour market that has cooled significantly compared with the robust gains seen in earlier.
Despite the soft job growth, the unemployment rate fell to 4.4%, suggesting that fewer people are actively seeking work even as hiring remains subdued.
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