March jobs report is out. Here are the highlights.
Job Growth: 103K
Wage Growth: 2.7% YoY
Unemployment Rate: 4.1%
Participation Rate: 62.9%
January and February job gains revised down a total of 50K.
Overall its not great but could simply be a reversion to the mean. Labor force growth is likely only growing in the 80-120k a month range on a longer term basis so things are not bad. Wage growth looks a tad better and it will be interesting to watch over the next few months.
Submitted April 06, 2018 at 08:39AM by fzats12345 https://ift.tt/2qcZv8P
