Job creation in the US slows down in April
Last month, 175,000 net new hires were recorded, while the unemployment rate stood at 3.9%.
(PXPhere)
(AFP) Job creation in the United States cooled more than analysts expected in April, while unemployment rose slightly, according to official data published this Friday, which, however, still shows a resilient labor market.
The world's largest economy recorded 175,000 new jobs last month, a drop from March's revised figure of 315,000 jobs. The unemployment rate rose slightly from 3.8% to 3.9%, according to the Department of Labor.
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