U.S. labor market shrugs off recession fears; keeps Fed on tightening path

2022.12.03 03:19
提供:ENCOUNT

By Lucia Mutikani WASHINGTON (Reuters) - U.S. employers hired more workers than expected in November and increased wages, shrugging off mounting worries of a recession, but that will probably not stop the Federal Reserve from slowing the pace of its interest rate hikes starting this month. Despite the strong job growth, some details of the Labor Department's closely watched employment report on Friday were a bit weak, which economists said could be flagging upcoming labor market weakness. Household employment decreased for a second straight month. About 186,000 people left the labor force, kee...

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