303,000 US payrolls rose in March, unemployment rate dropped to 3.8%; a robust economy signaled.
US payrolls rose by 303,000 in March, the highest increase in nearly a year, and the unemployment rate dropped to 3.8%. This strong labor market signals a robust economy. The increase surpassed all expectations, exceeding the 200,000 jobs that economists predicted. The Labor Department's report also showed a combined upward revision of 22,000 jobs in the prior two months.
April 05, 2024
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