Hiring in the U.S. jumped last month to its highest level since January
Persistent hiring should help keep consumers spending — a key engine of growth as businesses have cut their investment spending and exports have stalled.Monthly job growth has in fact accelerated since this summer, averaging 205,000 over the past three months, up from just 135,000 in July.
Both sides have since suggested that the negotiations are making progress, but there is still no sign of a resolution. The holiday shopping season has begun later this year compared with previous years, a fact that some economists think might have delayed hiring by retailers and shipping firms last month.
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