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US employers scaled back hiring in April. How that could let the Fed cut interest rates

US employers scaled back hiring in April. How that could let the Fed cut interest rates
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Jobs report shows US employers slowed hiring in April

Friday’s government report showed that last month’s hiring gain was down sharply from the blockbuster increase of 315,000 in March.

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U.S. employers scaled back hiring in April. How that could let the Fed cut interest rates

The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow

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Can scaling back on hiring help the Fed cut interest rates?

Employers pulled back on their hiring in April but still added 175,000 jobs in a sign that interest rates may be slowing the job market.

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