U.S. Labor Market Shows Resilience Despite Volatile Backdrop

Longest continuous jobs expansion continues with employers adding to payrolls for 90 straight months but wage growth still modest.

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The U.S. economy continues to churn out jobs at a steady pace even as financial markets wobble over fears that a trade war between the world’s two largest economies could unsettle global growth.

Recent tit-for-tat trade measures by the U.S. and China continued on Friday, with China saying it would “hit back forcefully” if the U.S. followed through with President Donald Trump’s tariff threats. The war of words sent stocks tumbling, but the economy showed underlying signs of near-term resilience.

U.S. nonfarm payrolls rose a seasonally adjusted 103,000 in March after February’s outsize increase of 326,000, the Labor Department said Friday. That extended a historic streak

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