Research Brief: Employment – March 2016

Employers demonstrated the strength of the U.S. labor market in February as it continued to shrug off lingering global economic uncertainty and softness in oil and gas industries.  Jobs were created in multiple service sectors of the economy and at government agencies during the month, helping to maintain gauges of labor market capacity at tight levels.  While wage growth continues to search for a stimulus that will impart greater traction, the U.S. labor market nonetheless appears in sound condition in advance of a Federal Reserve meeting in March.

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