ECONOMICS COMMENTARY
Apr 04, 2014
Solid growth of US non-farm payrolls allays fears of economic slowdown
Non-farm payrolls came in close to expectations in March, up 192,000, the rise accounted for entirely by the private sector. The unemployment rate was more disappointing, holding steady at 6.7% instead of dipping to 6.6%, as per the market consensus, but the participation rate rose slightly to the highest since last autumn.
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