First Take: Jobs report may give Fed pause

April 3, 2015 12:41 PM

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For investors, the March jobs report means that the Federal Reserve's first interest-rate hike could be slowly receding in the distance.

The Bureau of Labor Statistics reported that the economy created 126,000 new jobs, the lowest since December 2013 and far below analysts' estimates of 248,000 new jobs. The unemployment rate remained at 5.5%.

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