The US economy continued to roar to life under President Trump and the Republican-controlled Senate in March; adding more than 196,000 new jobs and maintaining a historically low 3.8% unemployment rate.
“Job creation posted a solid rebound in March, with nonfarm payrolls expanding by 196,000 and the unemployment rate holding steady at 3.8%, the Bureau of Labor Statistics reported Friday,” reports CNBC.
“With a strong March employment report now in the books, we’ve gotten some reassurance that the labor market is still strong,” said a leading economist with CUNA Mutual Group.
“Of course, last month’s nosedive was disappointing, especially after December and January had such impressive numbers despite some sizable headwinds. But a good March report shows that February was more of an outlier than a canary in the coal mine,” he added.
Read the full report at CNBC.