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U.S. economy adds stronger-than-expected 178,000 jobs in March

Data: Bureau of Labor Statistics; Chart: Courtenay Brown/Axios

The labor market snapped back with 178,000 jobs added in March, while the unemployment rate ticked down to 4.3%, the government said Friday.

Why it matters: Hiring boomed after shedding jobs in February, suggesting a steadying labor market as the Iran war injected fresh uncertainty into the economic outlook.

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