Hiring in March was surprisingly strong, signaling the labor market was stabilizing as the Iran war continues – though economists have warned higher energy prices from the conflict could spook employers and keep the Fed from cutting interest rates.
Hiring in March was surprisingly strong, signaling the labor market was stabilizing ahead of the war in Iran. REUTERS US employers added 178,000 jobs in March – above expectations of 59,000 added jobs and a rebound from a decline of 92,000 the previous month, the Bureau of Labor Statistics said Friday.
The unemployment rate ticked down to 4.3%, from 4.4% in February.
