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Solid U.S. job growth anticipated despite weak economy

From reuters.com

U.S. job growth likely remained solid in March, which should allay fears over recent economic weakness and keep the Federal Reserve on course to start raising interest rates this year. Nonfarm payrolls probably increased 245,000 last month after rising 295,000 in February, according to a Reuters survey of economists. March would mark the 13th straight month of job gains above 200,000, the longest streak since late 1993. The labor market has largely shrugged off a harsh winter, a buoyant dollar, weaker global demand and a now-resolved labor dispute at West Coast ports, which have combined to undermine economic ... (full story)

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