U.S. added 196,000 jobs in March as economy shows signs of spring bounce
By Heather Long Heather Long Economics correspondent Email Bio Follow April 5 at 8:38 AM The U.S. economy added 196,000 jobs in March, the Labor Department reported Friday, in line with expectations and a strong rebound from the anemic 33,000 jobs added in February.
The low level of hiring in February now seems like an anomaly, possibly been caused by employers’ hesitation to bring on new employees in the deep of winter and an economic hangover from the lengthy government shutdown. The United States has had more job openings than unemployed workers since last summer, spurring companies to raise wages and offer signing bonuses and more training programs in an effort to recruit and train employees.
Lower income workers have seen the biggest pay hikes in recent months as employers report they are struggling to find enough people to fill roles and many states have enacted minimum wage increases.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Economy added 196,000 jobs in March, bouncing back after weak February dataEconomic growth is expected to slow this year as the impact of President Donald Trump's fiscal stimulus plan begins to fade.
Read more »
Economy added 196,000 jobs in March, bouncing back after dismal February dataEconomic growth is expected to slow this year as the impact of President Donald Trump's fiscal stimulus plan begins to fade.
Read more »
U.S. Jobs Grew by 196,000 in March as Hiring Bounces BackHiring in the U.S. recovered in March with the economy adding 196,000 new jobs. The unemployment rate remained at a historically low level of 3.8%, underscoring that the labor market remains a source of strength for the economy.
Read more »
U.S. adds 196,000 jobs in March, unemployment flat at 3.8%WASHINGTON (MarketWatch) - The pace of hiring sped up in March as the U.S. economy added 196,000 jobs, rebounding from a paltry gain in the prior month. The...
Read more »
March jobs report: 196,000 jobs added, unemployment rate stays steadyCNBC’s Sara Eisen breaks down the March jobs report, saying the overall results show the economy is not imminently heading into a recession.
Read more »
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.
Read more »
Employers Add 196,000 Jobs in March, More Than ExpectedThe unemployment rate held steady at 3.8%, just above a 49-year low, while average hourly wages for private-sector workers climbed 3.2% from a year earlier.
Read more »
Hiring rebounds as U.S. adds a solid 196,000 jobsHiring rebounded in March as U.S. employers added a solid 196,000 jobs, up sharply from February and evidence that many businesses still want to hire despite signs the economy is slowing
Read more »
The Latest: Hiring rebounds as US adds a solid 196,000 jobsBREAKING: 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. The unemployment rate stayed at 3.8%, near the lowest level in almost 50 years.
Read more »