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00:00:00
uhhuh ndahl support arguably the most important part of economic hope proving the labor market is withstanding the sharks coming from overseas according to new data released Friday by the labor department not only whether any job gains of two hundred fifteen thousand in the month of March take home pay rebounded after dropping the month before I'm come we didn't in New York the recent upswing in hiring has caused some Americans to get off the couch to start looking for work but there weren't enough new jobs to go around there so the unemployment rate ticked up to five percent the first increase since last spring the strongest hiring games were seen in retail and construction those two sectors largely have to do with what's going on inside of the United States not the case when it comes to manufacturing we tested deal with international consumers and swings and the foreign exchange rate and so we saw hiring and that's part of the economy drop , but that weakness not enough to overpower the cacophonous being seen in other parts of the economy Friday's jobs report was actually stronger than expected just enough to keep the federal reserve on track to gradually raise interest rates later this year