Jobs report shows jump in unemployment as market gradually cools

Jobs report shows jump in unemployment as market gradually cools

[ad_1]

Jobs report shows jump in unemployment as market gradually cools – CBS News


Watch CBS News



Unemployment jumped from 3.5% to 3.8% this month, a sign that the job market is cooling. The market also added 187,000 jobs. The Biden administration said this showed more people joining the workforce. Meanwhile, the Federal Reserve is considering another interest hike amid soaring inflation. Christina Ruffini reports.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.


[ad_2]

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *