05 Apr The U.S. Adds 196,000 Jobs for the Month of March

According to the NY Times, the Department of Labor recently released the monthly hiring figures for March. 196,000 jobs were added last month, a rebound from the February report. Economic analysts surveyed by FactSet had expected a gain of about 170,000 jobs in March. It was the 102nd straight month of job gains. The unemployment rate for March was 3.8 percent, the same as in February. The United States economy is still enjoying one of its longest expansions on record. It has now produced more than 21 million jobs since the labor market bottomed out in 2010, and the unemployment rate has plunged from a peak of 10 percent in October 2009. (https://www.nytimes.com/2019/04/05/business/jobs-report-unemployment-march.html)

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