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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.

More Wall Street economists see rate hike in first half of 2015: Reuters poll

By Richard Leong (Reuters) - More Wall Street economists now believe the Federal Reserve will raise interest rates in the first half of 2015, as evidence builds that the U.S. economy has regained some momentum lost during an unusually rough winter, a survey showed on Friday. Eight of 18 U.S. primary dealers said they expected the U.S. central bank to increase its policy rate by the end of June next year, according to a poll conducted by Reuters among the Wall Street's top 22 firms that do business directly with the Fed.

A tale of 2 employment surveys, covering US households and businesses, at a glance

The U.S. economy added 192,000 jobs in March, a respectable gain that would typically be enough to lower the unemployment rate. Yet the rate was unchanged at 6.7 per cent. Why did the unemployment rate remain the same if the job gain was solid? Because the government conducts one survey to learn how many jobs were created and another to determine the unemployment rate. The two surveys can sometimes produce differing results.

Loonie ahead more than half a cent as Canadian jobs data impresses

TORONTO - The Canadian dollar jumped more than half a cent on Friday as the latest Canadian jobs figures delivered a few positive surprises on the economy. The loonie was up 0.58 of a cent near midday at 91.17 cent cents US, after Statistics Canada said 43,000 net new jobs were added in March. Most of the new jobs were part-time positions, and the vast majority of the new jobs went to young Canadians, the agency said. Another soft spot in the report was that almost all the new jobs were in the public sector, while new private sector hiring was limited to 3,900.

Instant View: U.S. job growth at 192,000 in March

NEW YORK (Reuters) - U.S. employers maintained a solid pace of hiring for a second straight month in March, further evidence the economy was shifting into higher gear after being held back by a brutally cold winter. GRAPHIC: http://link.reuters.com/ram54t KEY POINTS: * Nonfarm payrolls increase 192,000 in March * Unemployment rate unchanged at 6.7 percent * Average workweek rises to 34.5 hours COMMENTS:

Canada youth find work, push down jobless rate to 6.9%

Canada's jobless rate fell slightly in March as some youth who have struggled to break into the labor market managed to secure work, the government's statistics agency said Friday. Statistics Canada said employment for those aged 15 to 24 rose by 33,000 in the month. But the overall youth unemployment rate remained unchanged at 13.6 percent -- nearly double the national average -- as more young people joined the search for that elusive first paycheck.

US adds 192,000 jobs in March; jobless rate unchanged

The United States added 192,000 jobs in March as private employers boosted hiring, a sign of improving strength in the economy, Labor Department data showed Friday. The jobless rate remained unchanged from February at 6.7 percent as the number of unemployed held steady at 10.5 million. The March job growth was a shade below analysts' average estimate of 195,000 net new jobs. But the overall picture showed stronger gains in the first quarter, despite severe winter weather, than previously estimated.

QuickStats: Facts and figures about employment in Canada in month of March

OTTAWA - A quick look at March unemployment (previous month in brackets): Unemployment rate: 6.9 per cent (7.0) Employment rate: 61.7 per cent (61.6) Labour force participation rate: 66.2 per cent (66.2) Number unemployed: 1,325,400 (1,343,100) Number working: 17,833,200 (17,790,300) Youth (15-24 years) unemployment: per cent 13.6 (13.6) Men (25 plus) unemployment: per cent 6.1 (6.3) Women (25 plus) unemployment: per cent 5.4 (5.4)

QuickStats: Facts and figures about employment in Canada in month of March

OTTAWA - A quick look at March unemployment (previous month in brackets): Unemployment rate: 6.9 per cent (7.0) Employment rate: 61.7 per cent (61.6) Labour force participation rate: 66.2 per cent (66.2) Number unemployed: 1,325,400 (1,343,100) Number working: 17,833,200 (17,790,300) Youth (15-24 years) unemployment: per cent 13.6 (13.6) Men (25 plus) unemployment: per cent 6.1 (6.3) Women (25 plus) unemployment: per cent 5.4 (5.4)

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.
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