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Home Finance Decrease U.S. job acquire in August might help Fed’s inflation battle

Decrease U.S. job acquire in August might help Fed’s inflation battle

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Decrease U.S. job acquire in August might help Fed’s inflation battle

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A sign reading "Help Wanted" is shown on a window with a blurred neon sign in the background

A hiring signal is displayed at a restaurant in Highland Park, Illinois, July 14. The financial system gained 315,000 jobs in August, down from the 526,000 jobs that had been added in July. (AP Picture: Nam Y. Huh)

September 2, 2022
1:17 pm

America’s employers added a wholesome variety of jobs final month, but slowed their hiring sufficient to probably assist the Federal Reserve in its battle to cut back raging inflation.


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