Published on 5 Apr 2024 on etf.com via Yahoo Finance
Here’s What’s Happening in Markets Today: April 05
What’s Happening in Markets Today: April 05
The U.S. economy added 303,000 jobs in March, according to data released by the Bureau of Labor Statistics (BLS) Friday, which also reported modest wage growth that eased inflation concerns.
The unemployment rate dropped to 3.8% from 3.9% the month prior, in a sign that the U.S. economy continues to remain strong. The hot jobs report came in higher than the 200,000 expected, while the unemployment rate remained in line with expectations of economists polled by Dow Jones and the Wall Street Journal.