WASHINGTON (AP) – American employers added a surprisingly strong 178,000 new jobs last month, rebounding from a dismal February. And the unemployment rate dipped to 4.3%. VERBATIM: The Labor Department reported Friday that hiring marked a rebound from the loss of 133,000 jobs in February. The job gains were about three times what economists had […]
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New Report Shows Job Growth
WASHINGTON (AP) – American employers added a surprisingly strong 178,000 new jobs last month, rebounding from a dismal February. And the unemployment rate dipped to 4.3%.
VERBATIM:
The Labor Department reported Friday that hiring marked a rebound from the loss of 133,000 jobs in February. The job gains were about three times what economists had forecast.
The unemployment rate was down from 4.4% in February. That is partly because the labor force – those working and looking for work – dropped by 396,000 in March so fewer people were competing for jobs.
Factories added 15,000 jobs last month and construction companies 26,000, probably because of warmer weather last month.
Bernie Bennett in Washington.