Watch VideoThe nation's employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve's aggressive interest rate hikes.
The economy added 263,000 jobs, while the unemployment rate stayed 3.7%, still near a 53-year low, the Labor...
U.S. Hiring Stays Strong, Complicating Fed's Inflation Fight
Newsy
0 shares
1 views
You might like
Related news coverage
S&P 500 Closes Out Dismal Year With Worst Loss Since 2008
Newsy
Watch VideoWall Street capped a quiet day of trading with more losses Friday, as it closed the book on the worst year for the S&P..
Advertisement
More coverage
Can Low Unemployment and Low Inflation Coexist?
Upworthy
Relentless rate hikes by the Fed in 2022 were accompanied by official rhetoric that taming the current strength of the US labor..