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Jobs Report Shows 236,000 Increase in Employment in March

Moomoo 24/7 ·  Apr 7, 2023 08:30

The U.S. added a robust 236,000 new jobs in March, defying the Federal Reserve’s hopes for a big slowdown in hiring and possibly making it harder for the central bank to tame inflation.

Economists polled by The Wall Street Journal had forecast 238,000 new jobs.

The unemployment rate, meanwhile, slipped to 3.5% from 3.6%. Wages rose 0.3% last month.

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