US Employers Add 303,000 Jobs in March, Exceeding Expectations

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US Employers Add 303,000 Jobs in March, Exceeding Expectations
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America's employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates.

US employers added a surprisingly robust 303,000 jobs in March , exceeding economists' expectations. This strong job growth reflects the economy's ability to withstand high interest rates and consumer spending remains steady.

The unemployment rate also decreased to 3.8%.

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