Tag Archives: Unemployment Rate
U.S. Markets Rally on Rekindled Hopes for September Rate Cuts
![](https://www.ultimamkts.com/wp-content/uploads/2024/05/main-9-2.jpg)
The US labor market showed signs of cooling in April 2024, with employment growth decelerating and the unemployment rate ticking up. According to the latest data, the US economy added 175,000 jobs in April, falling short of market expectations of a 243,000 increase. The figure also represents a significant slowdown compared to the upwardly revised […]