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    The Truth Podcast #18 Robot Heart

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UNEMPLOYMENT RATE REDUCES IN THE US

todayApril 1, 2023 2

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The unemployment rate in the United States has reduced with three hundred and eleven thousands  more jobs provided in the month of February 2023. The US Bureau of Labour Statistics who revealed this,  said The monthly job improvement  is one of the strategies deployed  to reduce the effects of COVID-19 pandemic on the coun tryś economy. It names the Industries with notable job gains as leisure and hospitality, retail trade, government and health care. 

Despite this , unempoyment rate increased slightly from 3.4% in previous months  when five hundred and four thousand jobs were added, to 3.6 % in february. Analysts say with this, the federal government will need to increase  interest rates, which could lead to recession.

Written by: Mohsin Alam

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