U.S. job market rebounds with gain of 196,000 in March

Hiring rebounded in March as U.S. employers added a solid 196,000 jobs, up sharply from February's scant gain and evidence that many businesses still want to hire despite signs the economy is slowing.

Wage growth slowed a bit, as average hourly pay increased 3.2% from a year earlier. That is down from February's gain of 3.4%, which was the best in a decade.The figures suggest that February's meager job growth, which was revised to 33,000 from an initial 20,000, was a temporary blip and that businesses are confident the economy remains on a firm footing.

Still, the U.S. faces several challenges, including cautious consumers, slower growth in business investment, and a U.S.-China trade war that is contributing to slower growth overseas.

The Trump effect in action. 👍

Because unlike the Democrats they have to produce the evidence

why do we accept their statistics as valid? all trump’s agencies lie

I do not believe anything that comes out of the TrumpFascist administration.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Job market bounces back in March with 196,000 gain in payrollsNonfarm payrolls were expected to rise by 175,000 and the unemployment rate was projected to hold steady at 3.8 percent, according to economists surveyed by Dow Jones. Austin Goolsberry is an old hack, as he was always extremely positive on Obama’s economy, he never does now. Negative for political reasons.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »