The US added the most jobs in March since late 2024, allaying fears of a further deterioration in the labour market just as the world’s largest economy faces an energy shock from the Iran war.
Friday’s report from the Bureau of Labor Statistics showed the US created 178,000 jobs last month, far above the 65,000 forecast by economists polled by Bloomberg.
It compared with a loss of 133,000 jobs in February, downwardly revised from an initial estimate for a loss 92,000.
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