US adds a healthy 236,000 jobs despite Fed’s rate hikes

A hiring sign is displayed at a restaurant in Prospect Heights, Ill., Tuesday, April 4, 2023. On Friday, the U.S. government issues the March jobs report. (AP Photo/Nam Y. Huh)

WASHINGTON (AP) — America’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Federal Reserve has imposed over the past year in its drive to tame inflation.

Start Free AccountGet access to 7 premium stories every month for FREE!
Already a Subscriber?Current print subscriber? Activate your complimentary Digital account.
Subscribe NowChoose a package that suits your preferences.