U.S. employment growth accelerated from a 17-month low in March as milder weathe...
- U.S. employment growth accelerated from a 17-month low in March as milder weather boosted activity in sectors like construction, which could further allay fears of a sharp slowdown in economic growth in the first quarter.
FILE PHOTO: Job seekers line up at TechFair in Los Angeles, California, U.S. March 8, 2018. REUTERS/Monica Almeida/File Photo Worsening worker shortages and lingering effects of tighter financial market conditions at the turn of the year, however, left job gains below 2018’s brisk pace. The Labor Department’s closely watched monthly employment report on Friday also showed a mild upward revision to February’s meager job gains.** U.S. March nonfarm payrolls +196,000 vs consensus +180,000; Feb revised to +33,000 from +20,000** March jobless rate unchanged at 3.
** U.S. March average hourly earnings all private workers +0.1%, below consensus for +0.3% and Feb’s unrevised +0.4%BONDS: 2-year and 10-year Treasury yields slipRATE FUTURES: Fed funds contract for January 2020 unchanged
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. job growth seen accelerating from 17-month troughU.S. employment growth likely rebounded from a 17-month low in March as milder w...
Read more »
Women’s March group drops application to trademark name after two-year battleThe national organization filed for a trademark in March 2017 after the Women’s March on Washington.
Read more »
200 people may have been exposed to measles in California ERUC Davis Health in Sacramento, California, sent letters to about 200 people who visited its emergency department on March 17 to notify them that they may have been exposed to measles.
Read more »
Hiring speeds up as U.S. economy adds 196,000 jobs in MarchThe U.S. created 196,000 new jobs last month after a swoon in February, an encouraging gain that hints growth in the economy is ready for a revival. The...
Read more »
Wall Street opens higher on March jobs data, trade hopesU.S. stocks opened modestly higher on Friday as employment growth in March accel...
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 »
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 »
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 »
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 »