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Hiring tumbles as U.S. employers add just 20,000 jobs in February

Hiring tumbled in February as U.S. employers added just 20,000 jobs, the fewest in nearly a year and a half. The Labor Department says the unemployment rate fell to 3.8 percent from 4 percent. Businesses stepped up their competition for workers and raised average hourly pay 3.4 percent from a year…
Source: Morningcall