US adds 178,000 jobs in March, rebounding from February losses

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In March, the US job market rebounded with a stronger-than-expected gain of 178,000 jobs, according to the Labor Department. This follows a loss of 133,000 jobs in February. The unemployment rate decreased to 4.3% from 4.4% the previous month, partially due to a decrease in the labor force. The healthcare sector saw significant growth, adding 76,400 jobs, influenced by the return of Kaiser Permanente employees after a strike. Manufacturing added 15,000 jobs, although the sector has experienced overall losses in recent months.
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AI-ExtractedHealthcare companies added 76,400 jobs last month.
The job gains were about three times what economists had forecast.
Hiring marked a rebound from the loss of 133,000 jobs in February.
The unemployment rate dipped to 4.3 per cent.
American employers added 178,000 new jobs last month.
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