WASHINGTON, March 8 - U.S. job growth almost stalled in February, with the econo...
WASHINGTON, March 8 - U.S. job growth almost stalled in February, with the economy creating only 20,000 jobs amid a contraction in payrolls in construction and several other sectors, which could raise concerns about a sharp slowdown in economic activity.
While February’s job growth was the weakest since September 2017, other details of the closely followed employment report were strong. The unemployment rate fell back to below 4 percent and annual wage growth was the best since 2009. Though the economy grew 2.9 percent in 2018, the strongest in three years, it lost momentum as the year ended. Retail sales, homebuilding, business spending and exports all declined in December, setting the economy on a slower growth path.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's February trade data come in much weaker than expected; exports fall more than 20%China on Friday reported worse than expected trade data for the month of February, customs data showed amid Beijing's trade dispute with the U.S.
Read more »
China's exports fall more than 20% in February; overall trade data come in much weakerChina on Friday reported worse than expected trade data for the month of February, customs data showed amid Beijing's trade dispute with the U.S.
Read more »
Instant View: U.S. February job growth stalls but wage gains strongU.S. job growth almost stalled in February, with the economy creating only 20,00...
Read more »
Why getting this new 20 percent tax break might be tough this yearThe new 20 percent tax break for small businesses sounds like a good deal, yet accountants and tax prep software providers are grappling with last-minute changes to this provision. What it means for you.
Read more »
Mixed News About What Will Kill Us 20 Years From NowA massive study, published in October in The Lancet, projects figures for nearly all causes of death in 2040. Clearly, where you live has a huge impact on what’s likely to kill or ail you, and when.
Read more »
It’s Been 20 Years Since “Cruel Intentions,” And There’s Never Been Another Movie Quite Like ItBack in 1999, when nihilism was cooler than niceness, the shameless teen debauchery of Cruel Intentions sparked a generation’s sexual awakening.
Read more »
It’s Been 20 Years Since “Cruel Intentions,” And There’s Never Been Another Movie Like ItBack in 1999, when nihilism was cooler than niceness, the shameless teen debauchery of Cruel Intentions sparked a generation’s sexual awakening.
Read more »