RAB Insights

RAB Research Archive

Restaurant hiring rebounded in March



The March jobs report exceeded expectations, with about 228,000 positions added nationwide, according to federal data released recently. The unemployment rate ticked up to 4.2%. The gain came in well above the consensus estimate of 140,000. However, job gains for January and February were revised downward by a combined 48,000, bringing those monthly totals to 111,000 and 117,000, respectively.

Source: Nation's Restaurant News



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