The U.S. economy added 196,000 jobs in March, while the unemployment rate held steady. WSJ’s Jon Hilsenrath explains why these numbers may be the antidote for investors’ concerns about a recession. Photo: BloombergWASHINGTON—U.S. hiring sprang back in March, showing a slowdown in February was likely just a passing chill during a historically long stretch of job creation. Nonfarm payrolls increased a seasonally adjusted 196,000 in March, the Labor Department said Friday, a solid rebound from the 33,000 jobs added in February, and more than the 175,000 rise economists surveyed by The Wall Street Journal had expected.

Source: Wall Street Journal April 05, 2019 12:35 UTC