Cooler hiring and milder pay gains could aid inflation fight

Cooler hiring and milder pay gains could aid inflation fight | Idaho Business Review

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By: The Associated Press January 6, 2023

America’s employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising interest rates to try to slow economic growth and the pace of hiring. With companies continuing to add jobs across the economy, the unemployment rate fell from 3.6% to 3.5%, matching a 53-year low, …

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