Hiring surges but trends show more working-age men dropping out of labor force

Job growth surged last month, shaking off fears of a hiring slowdown. Employers added 517,000 jobs in a hiring boom far stronger than anyone had expected. The jobless rate dropped to 3.4%, the lowest level in 53 years. The report underscores the challenges facing Federal Reserve officials who…#federalreserve #paulsolman #nicholaseberstadt

Source: Reuters: Health - February 4, 2023 Category: Consumer Health News Source Type: news