Reported 23 days ago
U.S. employers are reportedly reducing their hiring rates in March, influenced by cautious consumer spending and an uncertain economic outlook due to anticipated tariff increases. Payroll growth fell short of expectations, leading to rising concerns regarding inflation and its impact on the job market. Economists warn that slowing job growth could exacerbate fears about the economy's future, while the Federal Reserve remains cautious of the potential economic fallout from aggressive trade policies.
Source: YAHOO