US added 431,000 jobs in March in sign of economic health
FILE - A"now hiring" sign is posted in Garnet Valley, Pa., Monday, May 10, 2021. Job openings stayed at a near-record level in February, 2022, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation.
multiple times, perhaps aggressively, in the coming months. Those rate hikes will result in costlier loans for many consumers and businesses. In the meantime, worker pay raises, a response in many cases to labor shortages, are themselves feeding the economy's inflation pressures. Some economists sounded a note of caution, though, suggesting that the prospect of much higher borrowing rates engineered by the Fed will inevitably slow the job market and the overall economy.
“You can't keep adding 400,000 workers a month without running out of workers,'' said Reinhart, a former high-ranking Fed economist. In particular, Fichuk said, businesses need to draw more women back by, for example, offering flexible hours and childcare centers or stipends for childcare expenses.
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War, Supply Chain Disruptions And Inflation: 431,00 New Jobs Were Added In MarchThe United States added 431,000 jobs in March. Unemployment fell to a pandemic low of 3.6%., the U.S. Bureau of Labor Statistics reported Friday. There were notable job gains in leisure and hospitality, professional and business services, retail trade and manufacturing.
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U.S. added 431,000 jobs in March in sign of economic healthAmerica’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
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March jobs report: US employers added 431,000 jobs last month, unemployment rate shrinks to 3.6%Despite the inflation surge, damage from COVID-19 and now a war in Europe, employers have added at least 400,000 jobs for 11 straight months.
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US added 431,000 jobs in March in sign of economic healthAmerica’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic, Russia’s war against Ukraine …
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March jobs report 2022: US added 431,000 jobs in sign of economic healthThe U.S. added 431,000 jobs in March 2022 in a sign of a resilient economy — as unemployment fell to a pandemic low of 3.6%.
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