We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

In this section

Shares

US economy adds more jobs than expected in March

Fri 05 April 2024 13:38 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

(Sharecast News) - The US economy added more jobs than expected in March, while the unemployment rate ticked lower, according to figures released on Friday by the Commerce Department.

Non-farm payrolls rose by 303,000 last month, coming in well ahead of consensus expectations for a 200,000 increase.

Meanwhile, the unemployment rate nudged down to 3.8% in March from 3.9% a month earlier, versus expectations for it to be unchanged, with the number of people out of work declining by 29,000 to 6.4m.

The data also showed that average hourly earnings rose 4.1% over the last year.

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More company news from ShareCast