Today news
About the same in other media
US adds 431,000 jobs as hiring spree cuts unemployment rate to 3.6%
Reading now: 535
The US added 431,000 jobs in March as the coronavirus pandemic receded and employers went on a hiring spree in America.
The gain was the 11th consecutive month of gains above 400,000, the longest such stretch of growth on record. The unemployment rate fell from 3.8% to 3.6%. The largest gains were in leisure and hospitality which added 112,000 new jobs in March.
The US is experiencing record levels of job openings and the number of people quitting their jobs in search of new work is also at a record high. The worker shortage is pushing up wages.
Over the past 12 months, average hourly earnings have increased by 5.6%.
More details soon …
Read more on theguardian.comAbout this in other media
UBS hikes junior pay for Wall Street analysts to $110,000 fnlondon.com /2 years ago
Blue-Collar Workers Make the Leap to Tech Jobs, No College Degree Necessary wsj.com /2 years ago
Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
