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Jobs report shows 236,000 gain in March. Hot U.S. labor market shows hints of cooling

Economic Report Last Updated: April 7, 2023 at 9:54 a.m. ET First Published: April 7, 2023 at 8:35 a.m. ET Unemployment rate falls to 3.5% from 3.6% Uncredited The numbers: The U.S. added a robust 236,000 new jobs in March, defying the Federal Reserve’s hopes for a big slowdown in hiring as the central bank

jobs-report-shows-236,000-gain-in-march-hot-us.-labor-market-shows-hints-of-cooling

Economic Report

Unemployment rate falls to 3.5% from 3.6%

Uncredited

The numbers: The U.S. added a robust 236,000 new jobs in March, defying the Federal Reserve’s hopes for a big slowdown in hiring as the central bank struggles to tame inflation.

Economists polled by The Wall Street Journal had forecast 238,000 new jobs.

The solid increase in employment last month followed a revised 326,000 gain in February…

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