The US unemployment rate fell in March to 4.5 per cent, its lowest level in nearly 10 years, but job creation tumbled unexpectedly, underscoring the challenges President Donald Trump faces to fulfill his 25-million-job pledge.
After months of pumping out new jobs at a steady clip, the world's largest economy added only 98,000 net new positions last month, the Labor Department reported today -- a figure far below analyst expectations.
Central bank policymakers have been split over the amount of slack in labor markets and the dangers of inflation.
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