Eco Week Ahead

US Job Market Likely Thawed Out This Month After February Chill

Commuters near City Hall in Philadelphia, Pennsylvania.

Photographer: Ryan Collerd/Bloomberg

US employment probably rebounded in March after one of the biggest pullbacks in payrolls since the pandemic, extending a string of volatile readings.

Economists estimate 60,000 jobs were added for the month following a 92,000 decline, according the median of a Bloomberg survey ahead of Friday’s report. The jobless rate is seen holding steady at 4.4%.