Analysis, Commentary

Unemployment Holds at 4.1 Percent in March, 2018, Wage Growth Picks Up

March 2018 Jobs ReportThe percentage of unemployment due to voluntary quits hit its highest level since 2001.

Washington, DC—(ENEWSPF)—April 6, 2018

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By: Dean Baker

The Bureau of Labor Statistics reported that the economy added 103,000 jobs in March, however it revised down the prior two-month job growth by a total of 50,000 jobs, bringing the three-month average to 202,000. The unemployment rate was unchanged at 4.1 percent. The employment-to-population ratio (EPOP) was also unchanged at 60.4 percent.

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