2.15 lakh new jobs created in US in March

Untitled-20The US economy added 215,000 jobs in March, a little less than it did in February when 242,000 jobs were created.

The unemployment rate has risen to 5% from 4.9%, which was an eight-year low.

The Labor Department said more Americans were finding jobs, which suggested a sign of confidence in the US economy.

The increase could allow a cautious Federal Reserve to raise interest rates gradually this year.

The US is continuing to create jobs, despite a global economic slowdown and cheap oil prices which have hit the energy sector.

Medaram Jathara

Connect with us

© 2012 - 2016 VIL Media Pvt Ltd. All rights reserved,
Contents of v6news.tv are copyright protected.Copy and/or reproduction and/or re-use of contents or any part thereof,
without consent of VIL Media is illegal.Such persons will be prosecuted.