March Jobs Report Gives Fed More Room to Wait

April 1, 2016 3:19 PM

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March Jobs Report Gives Fed More Room to Wait

An extremely volatile start to 2016, which saw global markets nosedive and global-growth worries spike, didn’t have a significant, lasting impact on the U.S. labor market, according to employment figures released by the Labor Department Friday.

The closely watched March jobs report showed the U.S. economy added 215,000 jobs last month, more than the 205,000 new jobs expected. Digging deeper into the figures, the labor force participation rate ticked up to 63%, though it helped push the jobless rate up from 4.9% in February to 5% in March. ...

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