American hiring bounced back last month

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The US economy added 196,000 jobs last month, bouncing back from an unusually poor performance in February. The unemployment rate remained at a low 3.8%.

The unemployment rate remained at 3.8%.In February, the economy added only 33,000 jobs, still the fewest jobs added since September 2017 despite a slight upward revision from the original estimate.The robust number brings the first-quarter average to 180,000 jobs created per month, down from 223,000 per month on average in 2018.

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