Happy Jobs Friday! Employers added 196,000 jobs to the economy in March, the Bureau of Labor Statistics reported today. The unemployment rate is 3.8%, and wages grew by 3.2% since last March.
Plus, middle and high-wage industries have faster jobs growth than low-wage ones, but low-wage industries are seeing faster wage growth.
All of this is a reminder that the economy is continuing to grow — even if the rate of that growth is slowing. That's good...right?
Music: "Daisy Chain".
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