01-04-2016 07:15 via news.yahoo.com

U.S. employment gains seen strong, but wages tepid

U.S. job growth likely remained strong in March, underpinning economic growth, but tepid wage gains and weak global demand could keep the Federal Reserve cautious about raising interest rates this year. Nonfarm payrolls probably increased 205,000 last month after rising 242,000 in February, according to a Reuters survey of economists. The unemployment rate is seen holding steady at an eight-year low of 4.9 percent in the U.S. Labor Department data due for publication on Friday.
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