U.S. Job Growth Expected to Impact Economy Despite Weak First Quarter

April 3, 2015 7:14 AM

55 0

In spite of recent fears about stagnant or even weaker economy, March has presented a steady growth in U.S. jobs, making promises of raising interest rates in the Federal Reserve this year.

A Reuters economy survey showed that February brought 295,000 nonfarm payrolls, while March probably added more 245,000. With March marking the 13th consecutive month of job growth above 200,000, we are witnessing the longest streak in the U.S. economy since late 1993.

Also read: ECB’s Mario Draghi Hints at Extension of Bond Purchases

Read more

To category page