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Published on Friday, April 1, 2016

U.S. | March’s Hiring, Wages, and Participation Support Fed’s Policy Outlook for 2016

Nonfarm payrolls increased 215K in March while wages rebounded 0.3%. The unemployment rate rose to 5% alongside a simultaneous rise in participation to 63%. Data won’t be enough for an April rate hike, but still on track for a June announcement.