U.S. | Employment: Job Growth and Slack Indicators Weaken in March
Published on Monday, April 6, 2015
U.S. | Employment: Job Growth and Slack Indicators Weaken in March
Nonfarm payrolls increased only 126K in March, but the unemployment rate held at 5.5%. An increase in discouraged and part-time workers highlights the slack in the labor market. Slowdown in job growth supports our expectations for a Fed rate hike in September
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