Job report: hiring slowdown and unemployment rate is steady at 3.5%..

[dasari4kntr]

The March jobs report showed the U.S. labor market remains strong, likely keeping the pressure on the Federal Reserve to raise interest rates in its efforts to slow inflation.

The U.S. economy added 236,000 jobs last month as the unemployment rate held steady at 3.5%, data from the Bureau of Labor Statistics released Friday showed.

Here are the key figures from the report, compared to last month's revised numbers:

Nonfarm payrolls: +236,000 vs. +326,000

Unemployment rate: 3.5% vs. 3.6%

Average hourly earnings, month-over-month: +0.3% vs. +0.2%

Average hourly earnings, year-over-year: 4.2% vs. +4.6%

In February, the economy added 311,000 new jobs while the unemployment rate rose to 3.6% amid an uptick in participation.

 

[futureofandhra]

Just now, dasari4kntr said:

The March jobs report showed the U.S. labor market remains strong, likely keeping the pressure on the Federal Reserve to raise interest rates in its efforts to slow inflation.

The U.S. economy added 236,000 jobs last month as the unemployment rate held steady at 3.5%, data from the Bureau of Labor Statistics released Friday showed.

Here are the key figures from the report, compared to last month's revised numbers:

Nonfarm payrolls: +236,000 vs. +326,000

Unemployment rate: 3.5% vs. 3.6%

Average hourly earnings, month-over-month: +0.3% vs. +0.2%

Average hourly earnings, year-over-year: 4.2% vs. +4.6%

In February, the economy added 311,000 new jobs while the unemployment rate rose to 3.6% amid an uptick in participation.

 

what about inflation 

[dasari4kntr]

2 minutes ago, futureofandhra said:

what about inflation 

adi cpi and pcp report vachhinappudu…

next wednesday cpi report..

 

[futureofandhra]

9 minutes ago, dasari4kntr said:

adi cpi and pcp report vachhinappudu…

next wednesday cpi report..

 

with petrol rates 

inflation might increase

[Jjabrams]

5 minutes ago, futureofandhra said:

with petrol rates 

inflation might increase

Nee bonda 

[Ravi860]

1 hour ago, dasari4kntr said:

adi cpi and pcp report vachhinappudu…

next wednesday cpi report..

 

okka IT lo thappa picha pichaga jobs unnatunnai bayata. Job report is strong.. depends on how they see it.

Economists were expecting a net gain of 239,000 jobs for the month and a jobless rate of 3.6%, according to Refinitiv. This is the first jobs report in 12 months that came in below expectations.

CPI is main next week. so far cooling a bit but if it goes up even slightly fed esari gattiga dimputharu