The U.S. economy rolls on, adds 303,000 jobs in March

The U.S. economy added 303,000 jobs in March, blowing past expectations and indicating that economic growth remains on a firm footing.

The U.S. economy added 303,000 jobs in March, blowing past expectations and indicating that economic growth remains on a firm footing.

The reading matches the largest one-month boost in payrolls since May 2023 and is a significant increase from the 270,000 added in February and the 256,000 in January.

Economists had forecast that about 200,000 jobs would be added for March.

The unemployment rate declined slightly to 3.8%, and wage growth came in at 4.1% over the last 12 months, the Bureau of Labor Statistics said.

Sectors seeing the largest job gains included hospitals, restaurants, local governments, large warehouse retailers, and specialty trade contractors. Manufacturing added zero jobs on net. 

https://www.nbcnews.com/business/economy/us-march-jobs-report-unemployment-rcna146549

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