US hiring blows past expectations in March
==========
US hiring rose by 303,000 in March, exceeding market expectations of an increase of 200,000. The unemployment rate ticked lower to 3.8 percent. Wage growth increased 0.3 percent on a monthly basis, with average hourly earnings up 4.1 percent from a year earlier. The consistently strong jobs data is good news for President Joe Biden, who is campaigning on a platform of rebuilding the post-pandemic US economy. The Federal Reserve may delay interest rate cuts as a result of the strong hiring numbers.
#UsHiring #UnemploymentRate #WageGrowth #JoeBiden #FederalReserve #InterestRates
https://www.tuko.co.ke/business-economy/543925-us-hiring-blows-expectations-march/
Tuko.co.ke /
npub15yg…zncw
2024-04-05 16:38:17
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npub15ygdhawp2prr6xlzleujfs0hy9g3yvzgzv6pj49afh5sf5q8tfcqdjzncwPublished at
2024-04-05 16:38:17Event JSON
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"content": "US hiring blows past expectations in March\n==========\n\nUS hiring rose by 303,000 in March, exceeding market expectations of an increase of 200,000. The unemployment rate ticked lower to 3.8 percent. Wage growth increased 0.3 percent on a monthly basis, with average hourly earnings up 4.1 percent from a year earlier. The consistently strong jobs data is good news for President Joe Biden, who is campaigning on a platform of rebuilding the post-pandemic US economy. The Federal Reserve may delay interest rate cuts as a result of the strong hiring numbers.\n\n#UsHiring #UnemploymentRate #WageGrowth #JoeBiden #FederalReserve #InterestRates\n\nhttps://www.tuko.co.ke/business-economy/543925-us-hiring-blows-expectations-march/",
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