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Hiring Accelerated as U.S. Economy Added 353‚000 Jobs in January
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Hiring Accelerated as U.S. Economy Added 353‚000 Jobs in January

Hiring accelerated with 353‚000 jobs added last month‚ the Labor Department said Friday. The unemployment rate was 3.7%. The report offers fresh insight into the U.S. economy as Federal Reserve officials are considering when to start cutting interest rates‚ a new phase in their effort to control inflation while avoiding a long-feared recession. Fed Chairman Jerome Powell signaled Wednesday that rate cuts are likely later this year‚ though probably not at the Fed’s...
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