Tag: Labor

Fitch says the influx of immigrants into the U.S. has supported the burgeoning job market, but ultimately this may be too much of a good thing.

Employers added 303,000 jobs in March, exceeding expectations of about 200,000, the latest sign that the U.S. economy is maintaining strong growth momentum, the U.S. Bureau of Labor Statistics said in a report released Friday. Analysts also revised upward by 22,000 the previous two months' job gains. The unemployment rate fell to 3.81 TP3T from 3.91 TP3T in February, hovering near a 50-year low. The unemployment rate fell despite 469,000 people entering the labor market looking for work.