Economy Gains 103,000 Jobs in March; Unemployment Unchanged at 4.1%

Apr 09 2018

Economy Gains 103,000 Jobs in March; Unemployment Unchanged at 4.1%

Article from: AFL-CIO – aflcio.org

By: Kenneth Quinnell

The U.S. economy gained 103,000 jobs in March, and unemployment was unchanged at 4.1%, according to figures released this morning by the U.S. Bureau of Labor Statistics.

 This continues the recovery of the labor market at a tempered pace, which means the Federal Reserve’s Federal Open Market Committee should continue to let the economy grow and not raise interest rates.

AFL-CIO President Richard Trumka testified before Congress on a key solution that would boost jobs growth and provide other benefits to working people across the country:

One trillion dollars in new infrastructure investment would make a big difference to working Americans and put our nation on the path to sustainable prosperity. How we invest matters; it must be real investment and create good jobs.

Let me be clear: If we want good jobs, we must have high labor standards and protections for the people who build, maintain and operate our infrastructure. That’s not all. We need to make sure public money is used to support American jobs, American resources and American products.

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