Strong U. S. job growth expected for March
WASHINGTON (Reuters) – The U. S. economy likely notched up a fourth month of solid job growth in March, which would lower the need for the Federal Reserve to offer additional monetary stimulus to spur faster economic growth. Businesses outside the farm sector are expected to have added 203,000 jobs last month, according to a Reuters survey, after nonfarm payrolls rose 227,000 in February. The unemployment rate is seen holding at a three-year low of 8. 3 percent for a third straight month. That would mark the longest stretch of nonfarm employment gains topping 200,000 since 1999. . . .
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