Worst U.S. Economy Ever?
Not!
Unemployment rate matches 5-year low in March
Adding to the positive showing, job gains in January and February turned out to be stronger than previously reported. The economy added 113,000 positions in February, up from a prior estimate of just 97,000, which had marked the slowest job growth in two years. In January 162,000 new jobs were created, better than the 146,000 previously reported.
Workers' wages grew modestly.
Average hourly earnings rose to $17.22 in March, a 0.3 percent increase from February. That matched economists' expectations. Over the last 12 months, wages grew by 4 percent.
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