FYI: Hiring in the U.S. sprang back in March and the unemployment rate remained at a historically low level, underscoring that the labor market remains a source of strength for the economy.
Nonfarm payrolls increased a seasonally adjusted 196,000 in March, the Labor Department said Friday. The unemployment rate held steady at 3.8% last month, just above a 49-year low of 3.7% touched last fall. Average hourly wages for private-sector workers grew 3.2% from a year earlier.
Regards,
Ted
https://www.wsj.com/articles/u-s-jobs-grew-by-196-000-in-march-11554467687?mod=hp_lead_pos1
