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Job Growth Slows in March, Unemployment Rate Stays About the Same
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With the Federal Reserve’s many interest rate hikes over the past year meant to quell inflation, year-over-year growth in average hourly earnings slowed to 4.2% in March. The U.S. labor force added almost half a million workers in March, with the share of Americans 25 to 54, the prime working years, rising to 80.7%, the highest rate since 2001...
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