US economy still churning out jobs at brisk clip; wage pressures subsiding

WASHINGTON – U.S. employers maintained a strong pace of hiring in March, pushing the unemployment rate back down to 3.5 percen  and signaling labor market resilience that will keep the Federal Reserve on track to raise interest rates one more time next month. The Labor Department’s closely watched employment report on Friday showed that annual wage gains … Continue reading US economy still churning out jobs at brisk clip; wage pressures subsiding