Stock market today: U.S. labor market resilient in face of inflation, rate hikes (FULL COVERAGE)
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- Publish Date:
- March 14, 2023
- Category:
- What Are Reits
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- Standard License
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#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus
The February jobs report showed the U.S. labor market continues to outperform expectations with more than 300,000 new jobs created last month in the face of stubborn inflation and aggressive rate hikes from the Federal Reserve.
The U.S. economy added 311,000 jobs last month, more than expected, while the unemployment rate ticked higher to 3.6% on a rise in labor force participation.
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