U.S. Adds 184K Jobs in March, Wage Growth Holds Steady
- U.S. private sector employment jumped by 184K jobs in March, exceeding expectations
- Pay for job stayers rose 5.1% year-over-year, unchanged from February
- Pay for job changers climbed to 10% year-over-year, up from 7.6% in February
- Biggest pay gains were in construction, financial services, and manufacturing
- Leisure and hospitality saw the largest hiring increase since July 2023, adding 63K jobs
