Business and Finance News

Global manufacturing subdued, US adds 14m jobs in 73 months

The size of the US workforce rose 396,000 in March while 215,000 jobs were added with manufacturing losing 29,000. The private sector has now added 14.4m jobs over 73 straight months of job growth, the longest streak on record, and wage growth has accelerated over the past year. Meanwhile, the average PMI (purchasing managers’ index) for global manufacturing during the opening quarter (50.4) was the weakest since the second quarter of 2013.

Previous ArticleNext Article
Call Now Button