Economy added 103,000 jobs in March

- April 06, 2018

The economy added 103,000 jobs in March, the Labor Department reported today, down from 326,000 in February.

Average hourly private-sector earnings were up 2.7 percent over the previous year, up slightly from 2.6 percent in February. The unemployment rate was 4.1 percent, unchanged for the sixth consecutive month.

Analysts surveyed by Bloomberg had predicted the creation of 175,000 jobs, an increase in over-the-year hourly earnings of 2.7 percent and an unemployment rate down slightly at 4 percent.



 

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