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U.S. adds a healthy 236,000 jobs in March despite Fed’s rate hikes

Por: Portland Press Herald World April 07, 2023

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WASHINGTON  — America’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Federal Reserve has imposed over the past year in its drive to tame inflation. The unemployment rate fell to 3.5%, just above the 53-year low of 3.4% set in January. At the same time, some of the details of Friday’s report from the Labor Department raised the possibility that... + full article



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