Daily Market Updates: U.S. hiring stays solid as unemployment holds at 4.1%

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U.S. hiring stays solid as unemployment holds at 4.1%

Employers added 162,000 jobs last month, signaling continued labor-market strength despite inflation’s pressure on households and markets.

Reported · Written up by our desk · Economy

The New York Times reports that U.S. employers added 162,000 jobs last month, reinforcing a picture of a still-robust labor market.

The outlet also said the unemployment rate stayed at 4.1 percent, a stability measure that stood out against ongoing concerns about high inflation weighing on households and markets.

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U.S. hiring stays solid as unemployment holds at 4.1%

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