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.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »