The Latest Breaking News on Jobs Growth Slowed Sharply in October: What the Experts Are Saying

For more than a year, the Federal Reserve’s inflation fighters have been tightening their grip on the American economy with nine straight interest rate hikes

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Even after adjusting for inflation.

The American job market has once again confounded expectations

Goldilocks can take a bow.

A hot employment market is good news for some but some Democrats fear that it will incentivize the Federal Reserve to raise interest rates.

U.S. employers added 311,000 jobs in February, only a modest slowdown from the previous month, indicating the labor market remains hot. The unemployment rate rose to 3.6% from 3.4% in January.

The unemployment rate edged up to 3.6% from 3.4% — still historically low.

Number is lower than January’s 504,000 jobs but comes as Fed signals aggressive interest rate hikes in bid to tame inflation