March jobs report is expected to point to strong hiring momentum; economists surveyed predict 11th straight month of gains over 400,000
The monthly jobs report reveals key indicators about the labor market and the overall state of the economy, but it doesn’t show the entire picture. WSJ explains how to read the report, what it shows and what it doesn’t. Photo illustration: Liz OrnitzU.S. employment growth continued at a solid clip in March, economists say, amid an easing pandemic and signs that more Americans are returning to the labor force.
Economists surveyed by The Wall Street Journal estimate that employers added 490,000 jobs in March. That would mark 11 straight monthly gains above 400,000, the longest such stretch of growth in records dating back to 1939.
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