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The Top Line: A Resilient Economy with 215,000 Jobs Added in March

Apr 1, 2016

The labor market showed resiliency in March despite continued global headwinds, according to the Bureau of Labor Analysis' economic situation summary released today. Non-farm payrolls added 215,000 jobs, while the average hourly workweek held steady and wage growth ticked up. Finally, the slight uptick in March’s unemployment rate – from 4.9 percent to 5 percent – was coupled with an increase in the labor force participation rate, suggesting that sustained labor market gains may be drawing more Americans into the labor force.

For more analysis, see The Top Line below and available online here.