US: March non-farm payrolls +103K vs +193K expected
|"Total nonfarm payroll employment edged up by 103,000 in March, and the unemployment rate was unchanged at 4.1 percent," the US Bureau of Labor Statistics reported this Friday.
Key Highlights:
• In March, average hourly earnings for all employees on private nonfarm payrolls rose by 8 cents to $26.82.
• Over the year, average hourly earnings have increased by 71 cents, or 2.7 percent.
• The change in total nonfarm payroll employment for January was revised down from +239,000 to +176,000, and the change for February was revised up from +313,000 to +326,000.
• With these revisions, employment gains in January and February combined were 50,000 less than previously reported.
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