US Job Growth Strong in March as Employers Add 184K Jobs; Wages Also Rising

• US companies added 184,000 jobs in March, the most since July, pointing to solid labor demand • Wage growth accelerated, with pay for job changers rising 10% from a year earlier • Job creation was broad, led by leisure/hospitality, construction, and trade/transportation • All regions posted gains, led by the South • The gains point to a still-resilient labor market even as the Fed looks to cool inflation