04/06/2018

U.S. Economy Added 103,000 Jobs in March

Unemployment rate stays at 4.1 percent

The U.S. economy added 103,000 jobs in March, maintaining a steady track of growth, but wages barely budged, the U.S. Bureau of Labor Statistics reported Friday.

The jobless rate stayed at 4.1 percent, while average hourly pay grew just 2.7 percent from March 2017.

Robert Frick, corporate economist at the Navy Federal Credit Union, said the numbers reflect a healthy long-term trend — companies have hired an average of 200,000 workers each month this year — but flat wages concern him as the country hits 90 straight months of employment gains.

Please select this link to read the complete article from The Washington Post.