US Economy Adds 178,000 Jobs in March, Unemployment Falls to 4.3%
The US economy added a robust 178,000 jobs in March, exceeding expectations and rebounding from February losses, with the unemployment rate falling to 4.3%. This strong jobs growth is expected to influence the Federal Reserve's monetary policy decisions.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (46/100)Sources
Fed set to remain stuck on hold after bumper jobs growth in March
Payroll gains of 178,000 were well ahead of expectations
Read full article →US adds 178,000 jobs in March, rebounding from February losses
American employers added a surprisingly strong 178,000 new jobs last month, rebounding from a dismal February, while the unemployment rate dipped to 4.3 per cent. The Labor Department reported on Friday that hiring marked a rebound from the loss of 133,000 jobs in February. The job gains were about three times what economists had forecast. The unemployment rate was down from 4.4 per cent in February. That is partly because the labour force – those working and looking for work – dropped by...
By Associated Press
Read full article →
