New York (CNN Business) American hiring rebounded last month after an unusually weak job market in February, but signs still point to a gradual economic slowdown. The US economy added 196,000 jobs in March, up from 33,000 the prior month. Despite a slight upward revision from the original estimate, February hiring remained the weakest since September 2017. Meanwhile, the unemployment rate remained at 3.8%, a level near historic lows. While March hiring was robust, it brings the first-quarter average to 180,000 jobs created per month, down from 223,000 per month on average in 2018.

Source: CNN April 05, 2019 12:35 UTC