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The US added 64,000 jobs in November and lost 105,000 in October, though the unemployment rate climbed to 4.6%, a four-year high, raising concerns about labor market strength.
US employers added 50,000 jobs in December, capping the weakest year of job growth since the pandemic, while the unemployment rate fell to 4.4%.
US employers added 178,000 jobs in March, exceeding expectations, though February losses were revised downward to 133,000. The unemployment rate fell to 4.3%.
Former labor statistics chiefs and economic groups criticized Trump’s firing of BLS commissioner Erika McEntarfer, alleging it undermines the credibility of federal employment data.
U.S. job openings remained essentially flat at 6.87 million in March, though hiring improved with employers adding 5.55 million gross jobs before the Iran war’s economic impact intensified.
German Chancellor Friedrich Merz unveiled a 34-measure reform package including income tax cuts, pension system overhaul, stricter sick leave rules, and reduced bureaucracy to stimulate the country’s sluggish economy.
