Morning Business Report: U.S. job growth falls short in February
American companies hired fewer than half the number of employees forecasted for February.
(LILAMAX)- According to payroll processor ADP, American companies hired fewer than half the number of employees forecasted for February. Only 77,000 workers were added last month, a sharp decline from January’s 186,000. This slower-than-expected hiring growth raises concerns about the labor market’s recovery. President Trump provided some clarity on trade by announcing a one-month pause on auto tariffs after discussions…