According to LinkedIn’s U.S. Emerging Jobs Report. Time
Hiring rebounded strongly in March as employers added 196,000 jobs, easing fears that payroll growth is slowing sharply amid a cooling economy.
The unemployment rate was unchanged at 3.8%, the Labor Department said Friday.
Economists surveyed by Bloomberg had estimated 175,000 jobs were added last month.
Job gains for January and February were revised up by a modest 14,000.
After severe, weather-related swings in employment early this year, economists largely anticipated a return to normalcy in March. If anything, Goldman Sachs reckoned below-average snowfall would bolster job gains by about 20,000.
Payroll growth was feeble in February, with just 33,000 additions, but that was largely