Mumbai, April 5 -- The US Nonfarm Payrolls rose by 228,000 in March, the US Bureau of Labor Statistics (BLS) reported on Friday. This followed the 117,000 increase (revised from 151,000) recorded in February. Unemployment Rate edged higher to 4.2% from 4.1%, while the Labor Force Participation Rate ticked up to 62.5% from 62.4%. The annual wage inflation, as measured by the change in the Average Hourly Earnings, declined to 3.8% from 4%.
Published by HT Digital Content Services with permission from Capital Market....