US employers add 178K jobs in March in stronger-than-expected report

US employers add 178K jobs in March in stronger-than-expected report

Hiring in March was surprisingly strong, signaling the labor market was stabilizing as the Iran conflict continues – though economists have warned increased vitality costs from the battle may spook employers and preserve the Fed from chopping rates of interest.

Hiring in March was surprisingly strong, signaling the labor market was stabilizing ahead of the conflict in Iran. REUTERS

US employers added 178,000 jobs in March – above expectations of 59,000 added jobs and a rebound from a decline of 92,000 the earlier month, the Bureau of Labor Statistics said Friday.

The unemployment fee ticked right down to 4.3%, from 4.4% in February.

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