April 22, 2024
World Economy

World Economy Latest: US Payrolls Seen Hitting 200,000 for Fourth Month

Healthy US employment gains continued in March while wage growth moderated, indicating the nation’s labor market is poised to keep stoking the economy with limited risk of an inflation resurgence.

Payrolls in the world’s largest economy are seen increasing by at least 200,000 for a fourth straight month, according to a Bloomberg survey of economists. Average hourly earnings are projected to climb 4.1% from the same month last year, the smallest annual advance since mid-2021.

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