March Jobs Report: Payrolls Bounce Back, but the Recovery Is Narrower Than It Looks

Key takeaways:

  • Payrolls rebounded strongly in March: BLS reported nonfarm employment rose by 178,000 jobs, led by health care workers returning from a physicians’ strike. But February was revised down sharply to -133,000, nearly 45,000 worse than first reported.
  • Temporary help services added 4,400 jobs in March

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