U.S. Job Market Report for March

SOURCE www.breitbart.com
Businesses in the U.S. added 184,000 workers to their payrolls in March, the largest increase in hiring since July. Job gains were seen across various sectors and regions, with strong wage growth also reported.

Key Points

  • 184,000 workers added to payrolls in March
  • Job gains led by leisure and hospitality, construction, and trade sectors
  • Wage growth reported with a 5.1 percent increase year-over-year

Pros

  • Largest increase in hiring since July
  • Strong job gains across various sectors and regions
  • Wage growth reported, with significant increases for job-changers

Cons

  • Professional and business services saw a contraction in payrolls