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Another Solid Jobs Report Keeps Fed on Aggressive Path

04/01/2022

U.S. companies added +431k jobs in March, while upward revisions increased the January/February count by an additional +95k. Although March payroll gains were slightly below forecast, the revisions more than made up the difference. At this point, total nonfarm payrolls are just 1.6 million short of the pre-pandemic peak.

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