Economic Report
Wage growth slows, more people look for work and fewer industries are hiring
A ‘help wanted’ sign in Manhattan. The U.S. economy is still growing, but it’s hitting more turbulence due to rising interest rates.
Spencer Platt/Getty Images
The March jobs report was pretty strong by almost any measure. Some 236,000 new jobs. A super-low 3.5% unemployment rate. And more Americans entering the labor force looking for work.
Not exactly what the Federal Reserve wanted as it seeks to slow the economy and prevent a tight labor market from exacerbating high inflation.
So why are some…
