Posted inEconomy

Jobs Report Shows Hiring Slowdown, Inflation Pressures Elevated

By Bryan Jung A newly released jobs report showed that the pace of hiring in the private sector slowed down in August, amid growing fears of an economic slowdown and historically high inflation. The much awaited monthly report on private sector employment was released by payroll processing firm ADP on Aug. 31. Company payrolls grew by only 132,000 this month, a major […]