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U.S. Economy Added 103,000 Jobs in March, Missing Projections

April 6, 2018

Via: TheStreet

The U.S. economy added 103,000 jobs last month, missing expectations, the Labor Department said Friday.

The gains fell short of economists’ estimates of a 185,000 increase in non-farm payrolls in March. Investors have scrutinized recent employment reports for clues on whether the Fed might need to accelerate the pace of interest-rate hikes compared with officials’ projections for two more quarter-point increases this year.

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