U.S. Added 303K Jobs in March, Outpacing Expectations for 200K

U.S. Added 303K Jobs in March, Outpacing Expectations for 200K

Checking other report details, the labor force participation rate rose to 62.7% from 62.5%, suggesting sizable numbers of people returning to the workforce. Average hourly earnings rose 0.3% in March, in line with expectations and up from 0.2% in February. On a year-over-year basis, average hourly earnings rose an in line 4.1%, down from 4.3% in February.