U.S. economy adds 236,000 jobs in March as labor market stays strong

: Employers still have plenty of demand for workers, despite aggressive efforts from the Federal Reserve to cool off the economy.The March gains are strong, but there are signs of a gradually cooling hiring trend. According to revisions from the Labor Department, the economy added 472,000 jobs in January and 326,000 payrolls in February.: Economists are closely watching the March jobs report to confirm whether or not the economy continued to pick up steam.

In an effort to help put a lid on inflation, Fed officials have said they want to see demand for workers more in balance with the supply. It's among the first major economic releases for March, when Silicon Valley Bank and Signature Bank collapsed and sparked fears about the financial system's health. Surveys used to compile the jobs data, however, were conducted in mid-March, while those events were still unfolding.: Average hourly earnings — a measure of wage growth — rose 0.3%. Over the year through March, hourly earnings are up 4.2%.

Meanwhile, the share of people employed or searching for jobs — known as the labor force participation rate — rose to 62.6% .

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What a straight on those numbers…

'stays strong' we haven't even recovered yet. Axios doesn't understand labor force participation rate

Employers still have plenty of demand for workers, despite aggressive efforts from the Federal Reserve to cool off the economy.

Another BidenWin 🤷🏻‍♂️ where’s SpeakerMcCarthy’s plan? POTUS is working for the people while GOPClownShowContinues DemsDeliverDemocracy

The recession that is always 6 months away

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