The pace of hiring sped up in March as the U.S. economy added 196,000 jobs, rebounding from a paltry gain in the prior month. The increase in new jobs beat the 172,000 MarketWatch forecast.
The jobless rate was unchanged at 3.8%. The average wage paid to American workers rose 4 cents, or 0.1%, to $27.70 an hour. The 12-month rate of hourly wage gains slipped to 3.2% from 3.4%. Hours worked each week rose 0.1 hour in March to 34.5. The government said 33,000 new jobs were created in February instead of 20,000. January's gain was little changed at 312,000.
Source : MarketWatch