NEW YORK (Reuters) - The U.S. job market continued to strengthen in March for the seventh straight month, as more Americans are experiencing less trouble finding work, a research group said on Monday.
The Conference Board, a private research group, said its Employment Trends Index rose 0.7 percent to 94.4 in March from an upwardly revised 93.7 in February, originally reported as 93.5.
Over the last seven months the index has mended significantly. The group said it expects this trend to hold steady, based on the survey’s number of people finding jobs “hard to get.”
“The economy is likely to continue to add jobs in the coming months,” said Gad Levanon, senior economist at The Conference Board.
The group’s report is in step with government data on Friday showing that U.S. employers added jobs in March at the fastest rate in three years, the strongest signal yet of recovery in the market.
Reporting by Camille Drummond; Editing by Neil Stempleman
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