The job market rebounded in March, as employment increased by 178,000 and the unemployment rate fell slightly to 4.3%.
The gains exceeded expectations, following job loss in February. The Bureau of Labor Statistics also revised data, adding an additional 34,000 jobs to January, showing a growth of 160,000, but subtracting 41,000 from February, showing a loss of 133,000.
The biggest job gains were in health care, in construction and transportation and warehousing.
Employment in movies and music continued to decline, shedding 1,100 jobs, at 337,400. Employment among broadcasting and content providers was flat, adding about 100 jobs to 334,200.
Average hourly earnings rose by 9 cents, to $37.38. For the year, average hourly earnings have increased by 3.5%, ahead of the rate of inflation.
Watch on Deadline
Jason Furman, Harvard professor and chairman of the Council of Economic Advisers under
...Keep reading this article on DEADLINE.
