Friday, April 7, 2017

US adds just 98K jobs; unemployment falls to a low 4.5 pct.

U.S. employers added just 98,000 jobs in March, the fewest in a year, though the unemployment rate fell to a nearly 10-year low of 4.5 percent.

Last month's weakness in hiring may point to sluggishness in the economy, but unusual weather might also have been a factor. Job gains in January and February had averaged a robust 218,000, fueled partly by strong hiring in construction, which occurred because of unseasonably warm winter weather.. . . more

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