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Big chill: US economy recovers from icy winter just as other major economies cry out for help

WASHINGTON - As a brutal winter yields to spring, the U.S. economy is showing renewed strength just as other major economies appear desperate for help. Europe is clinging to a fragile recovery. Japan just imposed a tax hike that threatens its shaky economic comeback. And China's troubles are rattling the global economy. The resilience of the U.S. economy, after a growth-chilling winter, was evident in Friday's jobs report from the Labor Department. It said employers added 192,000 jobs in March and 37,000 more than in January and February than previously thought.

Big chill: US economy recovers from icy winter just as other major economies cry out for help

WASHINGTON - As a brutal winter yields to spring, the U.S. economy is showing renewed strength just as other major economies appear desperate for help. Europe is clinging to a fragile recovery. Japan just imposed a tax hike that threatens its shaky economic comeback. And China's troubles are rattling the global economy. The resilience of the U.S. economy, after a growth-chilling winter, was evident in Friday's jobs report from the Labor Department. It said employers added 192,000 jobs in March and 37,000 more than in January and February than previously thought.

US jobs data shows steady growth exiting harsh winter

US jobs growth plodded along at a solid but unspectacular pace in March as the economy appeared to be emerging from one of the coldest winters in recent memory, government data showed Friday. The world's largest economy added 192,000 jobs in March -- a shade below analysts' average estimate of 195,000 net new jobs -- and the unemployment rate held steady at 6.7 percent, the Labor Department said. Still, the overall picture was more upbeat about a first quarter plagued by unusually bad winter weather in much of the country.

US posts modest but solid job growth in March

The United States added a modest 192,000 jobs in March as the economy emerged from a brutal winter, while the unemployment rate held steady, Labor Department data showed Friday. Job growth in the world's largest economy was a shade below analysts' average estimate of 195,000 net new jobs, and widely missed other estimates in the 200,000 range. Still, the overall picture was more upbeat about a first quarter plagued by unusually bad winter weather in much of the country.

U.S. jobs market shakes off winter's icy grip

By Lucia Mutikani WASHINGTON (Reuters) - U.S. employers hired at a brisk pace last month and ramped up the hours their workers put in on the job, the strongest signals yet the economy was breaking free of its winter doldrums. At the same time, the jobless rate held near a five-year low even as Americans poured into the labor market to hunt for work, another upbeat signal of the economy's health.

Slow comeback: 6 years later, US finally regains the private-sector jobs lost in the recession

WASHINGTON - The U.S. economy has reached a milestone: It has finally regained all the private-sector jobs it lost during the Great Recession. Yet it took a painfully slow six years, and unemployment remains stubbornly high at 6.7 per cent. The comeback figures were contained in a government report Friday that showed a solid if unspectacular month of job growth in March.

Economy creates 42,900 new jobs as jobless rate dips to 6.9 per cent

OTTAWA - Canada's economy showed signs of thawing out from a long, bitter winter last month, churning out an unexpectedly high 42,900 net new jobs that helped shave the unemployment rate to 6.9 per cent — matching a post-recession low. The Canadian jobs gain, although mostly part-time, was about double what economists had anticipated and more than wipes out February's 7,000 dip.

Canadian economy creates 42,900 new jobs as jobless rate dips to 6.9 per cent

OTTAWA - Canada's economy showed signs of thawing out from a long, bitter winter last month, churning out an unexpectedly high 42,900 net new jobs that helped shave the unemployment rate to 6.9 per cent — matching a post-recession low. The Canadian jobs gain, although mostly part-time, was about double what economists had anticipated and more than wipes out February's 7,000 dip.

Better weather may have led employers to boost hiring in March, but will it endure?

WASHINGTON - Hiring went into a deep freeze this winter as harsh weather slowed the economy. A warmer March has raised a key question for Friday's monthly jobs report: Did hiring rebound in March along with the temperatures? Most economists think it did. But some of the pickup in hiring will likely reflect a temporary bounce-back from the cold winter months. It may not be immediately clear how much of the job growth will endure.

Private-sector hiring breaks out of winter freeze

By Lucia Mutikani WASHINGTON (Reuters) - U.S. companies stepped up hiring in March for a second straight month, offering fresh evidence the economy was regaining momentum after a weather-driven lull over the winter. Private employers added 191,000 workers to payrolls last month and 39,000 more were added in February than previously believed, payrolls processor ADP said on Wednesday.
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