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U.S. adds 431K jobs in March, unemployment falls to 3.6%

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U.S. employers maintained a brisk pace of hiring in March, driving the unemployment rate to a new two-year low of 3.6%, resulting in a further tightening of labor market conditions and opening the door to a hefty 50 basis points interest rate hike from the Fed in May

#News #Reuters #USAEconomy #FedRateHike #USLabourMarket

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World
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