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3 hours ago

American workers' wage gains lost momentum in March despite strong hiring, economists say

American workers saw rising wages in March, though the increases were lighter than expected and represented a deceleration from the prior month's readings.The Bureau of Labor Statistics on Friday released the March jobs report, which showed the U.S. economy added 178,000 jobs for the month – beating the expectations of economists polled by LSEG who anticipated a gain of 60,000 jobs.The report found that average earnings increased 0.2% on a monthly basis and are 3.5% higher than a year ago. Those figures were both lower than expected, as the LSEG poll estimated earnings would be up 0.3% from th...

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3 hours ago
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