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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.

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.

Wall St. Week Ahead-U.S. jobs and Russia to rule stocks

By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stock investors will take their cues this week from March jobs data and diplomacy to defuse East-West tensions over Russia's annexation of Ukraine's Crimea region. Friday's monthly jobs report, the most widely watched U.S. economic indicator, is expected to show that employers added 200,000 jobs in March to nonfarm payrolls, according to a Reuters poll of economists. <>

U.S. jobs, factory data show improvement; housing lags

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for jobless benefits hovered near three-month lows last week and factory activity in the Mid-Atlantic region rebounded this month, suggesting the economy is regaining strength after being hobbled by severe weather. While other data on Thursday showed home sales at a 1-1/2 year low in February, the tight stock of houses on the market that has constrained sales eased for a second straight month, opening the door wider to would-be homeowners.

Dollar stuck in tight range ahead of US jobs data

The dollar moved narrowly against the yen and euro in Asia on Friday as investors await US jobs data later in the day for clues about the state of the world's largest economy. The US currency fetched 102.95 yen in Tokyo midday trade, a shade lower than 103.08 yen in New York Thursday afternoon, but up from 102.72 yen in Tokyo earlier Thursday. The euro, which gained Thursday on the European Central Bank's upbeat outlook on the eurozone economy, slipped to $1.3856 and 142.67 yen from $1.3861 and 142.88 yen.

Fed's Lockhart says would not overreact on low jobs number

WASHINGTON (Reuters) - Federal Reserve Bank of Atlanta President Dennis Lockhart said he would personally not overreact to slow jobs growth in February but a third month of very weak data would be a concern. Data to be released on Friday are expected to show nonfarm payrolls increased by 149,000 last month, according to a Reuters survey of economists. "I think if we get a number below 100,000 tomorrow that would be then three months of weak numbers and certainly that would be a concern," Lockhart said in response to a question.

U.S. private sector adds 139,000 jobs in February: ADP

NEW YORK (Reuters) - U.S. private employers added 139,000 jobs in February, shy of economists' expectations, and gains in the previous month were revised lower, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 160,000 jobs. The data once again is clouded by harsh winter weather, which has made it hard for economists and investors to measure the strength of the U.S. economy.

U.S. payrolls improvement eyed, but weather still a drag

By Lucia Mutikani WASHINGTON (Reuters) - U.S. job growth likely picked up enough in February to encourage the Federal Reserve to continue to scale back its monetary stimulus, although the gain is likely to be tepid given the unrelentingly harsh winter weather. Employers probably added 150,000 workers to their payrolls last month, according to a Reuters poll of economists, up from the similarly weather-depressed levels of 113,000 in January and 75,000 in December.

U.S. service sector growth, hiring improves in January

By David Gaffen (Reuters) - Growth picked up in the dominant U.S. service sector in January, with steady strength in private-sector hiring, suggesting the U.S. economy was digging through the winter weather that socked the country over the last several weeks. After two months of slower growth, the Institute for Supply Management said on Wednesday its services index rose to 54 last month from 53 in December, and firms added workers at the fastest clip in more than three years.

U.S. employment seen rebounding in January, may allay growth fears

By Lucia Mutikani WASHINGTON (Reuters) - U.S. hiring likely snapped back from a three-year low in January and kept the unemployment rate steady at 6.7 percent, which could ease investors' fears the economy is slowing sharply. Nonfarm payrolls are expected to have increased by 185,000 last month, according to Reuters' poll of economists, after unseasonably cold weather in December limited gains to 74,000.
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