US adds 236,000 jobs in March as wage increases slow down
Published: April 9, 2023
Last month’s job growth was led by the leisure and hospitality category, which added 72,000.
Source: kxxv.com
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United StatesNorth CarolinaLas VegasClark TwiddyDaniel ZhaoFederal ReserveTwiddy CoLabor DepartmentLabor Department OnSinem BuberAfrican AmericansOuter BanksAmericas Employers Addeda Solid 236000 Jobs In MarchUggesting That The Economy Remains On Solid Footing Despite Nine Interest Rate Hikes Federal Reserve Has Imposed Over Past Year In Its Drive To Tame Inflation Unemployment Fell 3 5 Ust Above The 53 Year Low Of 3 4 Set In January At Same TimeOme Of The Details Fridays Report From Labor Department Raised Possibility That Inflationary Pressures Might Be Easing And Fed Soon Decide To Pause Its Rate Hikes Average Hourly Wages Were Up 4 2 12 Months EarlierOwn Sharply Froma 4 6 Year Over Increase In February Measured Month ToAges Rose 0 3 From February To MarchA Tick Up Froma Mild 0 2 Gain From January To February But Even That Figure Signaleda Slowdown Average Wage Increases In The Final Months Of 2022 Last Job Markeda Moderation Sizzling 326000 That Were Added In February Todays Report Isa GoldilocksAid Daniel ZhaoEad Economist At Glassdoor Its Hard To Finda Way It Could Have Been Better We Do See That The Job Market Is CoolingUt Its Still Resilient In Another Sign That Might Reassure The Feds Inflation FightersA Substantial 480