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Strong Job Growth in March, But Some Evidence of Slowing Wage Growth

The economy added 431,000 jobs in March, in line with expectations. Revisions to the prior two months data added 95,000 jobs to  January and February growth, bringing the three month average to 562,000. Total employment is now down by 1.6 million from …

The economy added 431,000 jobs in March, in line with expectations. Revisions to the prior two months data added 95,000 jobs to  January and February growth, bringing the three month average to 562,000. Total employment is now down by 1.6 million from the pre-pandemic level. The strong job growth brought unemployment down to 3.6 percent, More

The post Strong Job Growth in March, But Some Evidence of Slowing Wage Growth appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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