US Continues to Generate Jobs, Yet Inflation Is Eroding the Spending Power of Millions of Americans
WASHINGTON — U.S. employers created a surprising 165,000 new jobs last month, and the unemployment rate dipped to 4.1%.
TL;DR
- U.S. employers created 165,000 new jobs last month.
- This number exceeded the expected 65,000 new jobs.
- The unemployment rate dropped to 4.1%.