U.S. ADDS 303,000 NEW JOBS IN MARCH 2024. Things are looking up. Are you ready for a role change? Would you like a new #project, #data, #IT, #IS, or #Saas role? Let's discuss making you highly competitive in 21 days or less! Check out my client endorsements, then Hit the "Book an Appointment" button on my profile. Have a great weekend, friends! #careercoach #jobreport #careerpath #careerdevelopmentcoaching
Another strong #jobsreport! Some of the highlights here: -- Nonfarm payrolls advanced 303,000 last month, the most since May & above all economists' estimates. That also followed an upward revision to the prior two months -- Job growth in March was led by faster hiring in health care, construction, as well as leisure and hospitality, which has now bounced back above its pre-pandemic level -- The unemployment rate fell to 3.8%, with more people joining the workforce and able to find a job -- An aggregate measure of weekly payrolls — which provides a broader reading of changes in earnings, hours and employment — rose 0.8%, matching the biggest monthly increase since January 2023 -- Average hourly earnings rose 4.1% from a year ago, the slowest pace since mid-2021 Big picture: There aren't many obvious areas where the job market is slowing, and #FederalReserve officials have said they'd want to see moderation in job gains as a possible precursor to interest-rate cuts. This report raises the chance those cuts will be further out in time and maybe fewer than anticipated. Read my latest here for Bloomberg News: