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Rich Asplund

March Nonfarm Payrolls Report: The U.S. Labor Market Remains Strong

Bullard Unemployment St. Louis Fed the Labor Department United States Economy Airbnb Applied Materials BNP Paribas Exane KLA Corp

What you need to know…

On Friday the Labor Department reported March nonfarm payrolls, which showed that the U.S. economy added 236,000 jobs, which was near the 238,000 expectation. The unemployment rate ticked lower to 3.5% from 3.6%.

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