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U.S. private employment at a record high in March with modest jobs report

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The number of private-sector payroll jobs in the U.S. hit a record high of 116,087,000, the Bureau of Labor Statistics reported Friday, marking an important milestone in the country's weak and drawn-out recovery from the financial crisis. An otherwise modest jobs report showed the U.S. economy adding 192,000 jobs in March, slightly less than the roughly 200,000 expected, and the unemployment...

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