US added 150,000 jobs in October as pace of growth slows sharply

U.S. Employers Pulled back on Hiring in October, Adding 150,000 Jobs in Face of Higher Borrowing Rates

WASHINGTON (AP) — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers.

US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates

WASHINGTON (AP) — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers. Last month’s job growth, though down sharply from a robust 297,000 gain in September, was solid enough to suggest that many companies still want to hire and that the e…

News Wrap: Hiring slows in October but labor market shows signs of resiliency

In our news wrap Friday, U.S. employers slowed hiring in October but the labor market still showed signs of resiliency, President Biden traveled to Lewiston, Maine, where a gunman killed 18 people last week, the Supreme Court agreed to decide if a ban on bump stocks violates federal law and Russia launched its biggest aerial assault on Ukraine in weeks.

US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates - Austin Daily Herald

WASHINGTON — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers. Last month’s job growth, though down sharply from a robust 297,000 gain in September, was solid enough to suggest that many companies still want to hire and that the econom…

US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates

Staff members arrange pastries at the Dominique Ansel Bakery in New York, on Sept. 28, 2023. Seth Wenig/AP WASHINGTON — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers.Last month’s job growth, though down sharply from a robust 297,00…

The US economy added 150,000 jobs last month. Here’s what that means

For several months now, the US labor market has been on a cooling trajectory, and Friday’s jobs report made that even more apparent.