U.S. employers scaled back hiring in April but still added 175K jobs

Updated at 12:31 p.m.

Associated Press

05/03/2024

Unemployment Benefits — THE NATION'S employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that persistently high interest rates may be starting to take a bigger toll on the world's largest economy. /ASSOCIATED PRESS PHOTO / NAM Y. HUH

WASHINGTON (AP) – The nation’s employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that persistently high interest rates may be starting to take a bigger toll on the world’s largest economy. Friday’s government report showed that last month’s hiring gain was down sharply from the blockbuster increase

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