Economic Report: Jobs report shows 236,000 gain in March. Hot labor market shows some hints of cooling

The numbers: The U.S. added a robust 236,000 new jobs in March, defying the Federal Reserve’s hopes for a big slowdown in hiring as the central bank struggles to tame high inflation.

Economists polled by The Wall Street Journal had forecast 238,000 new jobs.

While the increase in hiring was the smallest in more than two years, the number…

This post was originally published on Market Watch

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