TV News LIES

Wednesday, May 22nd

Last update06:43:25 AM GMT

You are here News Economy U.S. Employers Added Robust 303,000 Jobs In March In Sign Of Economic Strength

U.S. Employers Added Robust 303,000 Jobs In March In Sign Of Economic Strength

E-mail Print PDF
Labor Dept.America’s employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates.

Last month’s job growth was up from a revised 270,000 in February and was far above the 200,000 jobs that economists had forecast. By any measure, it amounted to a major burst of hiring, and it reflected the economy’s ability to withstand the pressure of high borrowing costs resulting from the Federal Reserve’s interest rate hikes. With the nation’s consumers continuing to spend, many employers have kept hiring to meet steady customer demand.

Friday’s report from the Labor Department also showed that the unemployment rate dipped from 3.9% to 3.8%. The jobless rate has now come in below 4% for 26 straight months, the longest such streak since the 1960s. The government also revised up its estimate of job growth in January and February by a combined 22,000.

More...


Most Recent Related Stories...


The Dow Jones hits 40,000 for the first time. What to know about this major milestone

DJ hits 40,000 for the first time The Dow Jones Industrial Average surpassed 40,000 points on Thursday for the first time ever, signaling...

Biden hails ‘America’s comeback’ as 303,000 new jobs in March beat forecast

Biden hailed new job growth numbers The US workforce added 303,000 jobs last month, far more than expected and the 39th straight...

Trump's Truth Social shares are plunging again, erasing billions of dollars in value

Truth Social shares fall again About two weeks since its meteoric debut, shares of Truth Social are slumping, wiping out billions...

Wall Street braces for commercial real estate time bomb

Jerome Powell Remarks last week by Federal Reserve Chair Jerome Powell about a spate of coming bank failures...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!