US added modest 103K jobs in March, rate stays 4.1 pct.
WASHINGTON - U.S. employers added a modest 103,000 jobs in March after several months of bigger gains, though the government's jobs report suggests the labor market remains healthy.
The Labor Department says the unemployment rate remained 4.1 percent, a 17-year low, for the sixth straight month. Average hourly pay ticked up, climbing 2.7 percent compared with a year earlier.
Hiring has accelerated since last fall, defying expectations that a shortage of workers would make it harder for companies to fill open positions. Employers have added a healthy average of 211,000 jobs a month in the past six months.
Still, hiring in January was revised sharply lower to 176,000, while February's figure was revised higher to a blockbuster 326,000. Overall, the revisions lowered job gains in those two months by 50,000.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
With Mother's Day business blooming flower shops are struggling to hire staff
Dr. William Tate becomes LSU's first Black university president
Bicycle shortage continues frustrating those in the industry
West Feliciana Parish leads the way in Louisiana vaccination efforts
EBR looking to expand Virtual Academy next school year
LSU pitcher Matt Beck gets his moment at the plate
Brusly baseball needs extra innings to win regional series with Jennings.
Southern Athletic Director Roman Banks talks about coaching search
Drew Brees and Sean Payton enjoy the Zurich Classic
Legendary Parkview coach Kenny Guillot passes away at 76