US companies cut jobs by 1.8% as US economy grows 0.3%

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The United States was the fastest-growing major economy in the world last quarter, with gross domestic product growing by 0.7% in the fourth quarter, according to the latest data from the U.S. Bureau of Labor Statistics.

The U.K. was second at 0.6%.

The UK economy grew by 1% in 2017, the fastest growth rate in the OECD.

The U.N. Economic and Social Council has called for the U,S.

and EU to increase their spending.