James48843
Well-known member
JOBS REPORT +303,000, UNEMPLOYMENT GFALLS TO 3.8 pct.
US economy adds 303,000 jobs, unemployment falls to 3.8% in March,
as labor market continues to impress
[FONT="]The US economy added more jobs than expected in March while the unemployment rate ticked lower, underscoring signs the labor market remains on stronger footing than many economists had predicted.[/FONT]
[FONT="]Data from the Bureau of Labor Statistics released Friday showed the labor market added 303,000 nonfarm payroll jobs in March, significantly more than the 214,000 expected by economists. Meanwhile, the unemployment rate decreased to 3.8% from 3.9% in February. Meanwhile, wages, considered an important metric for inflation pressures, increased 4.1% year-over-year, their lowest annual gain since June 2021.
more: US economy adds 303,000 jobs, unemployment falls to 3.8% in March as labor market continues to impress
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US economy adds 303,000 jobs, unemployment falls to 3.8% in March,
as labor market continues to impress
[FONT="]The US economy added more jobs than expected in March while the unemployment rate ticked lower, underscoring signs the labor market remains on stronger footing than many economists had predicted.[/FONT]
[FONT="]Data from the Bureau of Labor Statistics released Friday showed the labor market added 303,000 nonfarm payroll jobs in March, significantly more than the 214,000 expected by economists. Meanwhile, the unemployment rate decreased to 3.8% from 3.9% in February. Meanwhile, wages, considered an important metric for inflation pressures, increased 4.1% year-over-year, their lowest annual gain since June 2021.
more: US economy adds 303,000 jobs, unemployment falls to 3.8% in March as labor market continues to impress
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