March Jobs Report Shows Hiring Gradually Cooled

Total nonfarm payroll employment rose by 236,000 in March, and the unemployment rate changed little at 3.5 percent, the U.S. Bureau of Labor

Compared to last month's revised numbers:

• Nonfarm payrolls: +236,000 vs. +326,000
• Unemployment rate: 3.5% vs. 3.6%
• Average hourly earnings, month-over-month: +0.3% vs. +0.2%
• Average hourly earnings, year-over-year: 4.2% vs. +4.6%