![US employers scaled back hiring in April. How that could let the Fed cut interest rates WPXI [Video]](https://usanewsvideo.com/wp-content/uploads/2024/05/mp_1462503_0_HITBZ3AJYV5HD7FQGSPF4X5KG4jpg.jpg)
The nations 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 the robust U.S. job market
National Business and Economy News
![Jobs report: US employers scaled back hiring in April but still added 175,000 jobs in the face of higher rates [Video]](https://usanewsvideo.com/wp-content/uploads/2024/05/mp_1462494_0_14760376050324apccjobsreportimgjpg.jpg)
Employers pulled back on their hiring in April but still added 175,000 jobs, a sign that high interest rates may be slowing the U.S. job market.
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As in past years, Mayor Byron Browns spending plan relies on some suspect revenue assumptions and dips into the citys reserve funds.
![US employers scaled back hiring in April. How that could let the Fed cut interest rates Boston 25 News [Video]](https://usanewsvideo.com/wp-content/uploads/2024/05/mp_1462407_0_HITBZ3AJYV5HD7FQGSPF4X5KG4jpg.jpg)
The nations 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 the robust U.S. job market
![US employers scaled back hiring in April. How that could let the Fed cut interest rates WSOC TV [Video]](https://usanewsvideo.com/wp-content/uploads/2024/05/mp_1462394_0_HITBZ3AJYV5HD7FQGSPF4X5KG4jpg.jpg)
The nations 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 the robust U.S. job market
![US employers scaled back hiring in April, adding 175,000 jobs in the face of higher borrowing rates [Video]](https://usanewsvideo.com/wp-content/uploads/2024/05/mp_1462335_0_KEZKOFVZX5GZRDIUNOV2OLSYTYjpg.jpg)
Fridays government report showed that last months hiring gain was down sharply from the blockbuster increase of 315,000 in March. And it was well below the 233,000 gain that economists had predicted for April, suggesting that the Federal Reserves aggressive streak of rate hikes may finally be cooling the pace of hiring.
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CNNs 5 Things brings you the news you need to know every morning.
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U.S. Treasury yields fell on Friday as investors parsed a weaker-than-expected April jobs report.
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Rajiv Batra, head of Asia-Pacific ex-Japan and China equity strategy at JPMorgan, says it will lead to higher inflation and a slowdown in growth.
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Oil prices rose on OPEC+ output cut hopes but faced weekly losses due to U.S. economic uncertainty and limited crude disruptions from the Israel-Hamas conflict.
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With optimism currently at its lowest level in over a decade, inflation continues to pose major challenges for small business owners across America. The head of the Small Business Administration discusses assistance programs and resources available to help owners weather these economic headwinds and share stories of entrepreneurs she’s met all over the country.
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Since the start of the pandemic, small businesses have played a pivotal role in keeping the economy afloat, but the landscape has changed in unexpected ways. Futurist Scott Steinberg shares insight into trends, predictions for the road ahead, and strategies on how to future-proof your business and adapt to disruption to create a competitive advantage.