The U.S. economy added 236,000 jobs in March, just shy of the 238,000 forecasted by economists who were polled by The Wall Street Journal. The unemployment rate declined to 3.5% in March from 3.6% in February.
The latest data was calculated before the collapse of Silicon Valley Bank and Signature Bank last month, which could lead to tighter lending criteria by banks in the months ahead. (The tech sector shed 166,000 jobs since the start of 2023.)
The…
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