US payrolls set to hit 200,000 for a fourth month

FILE PHOTO: Signage for a job fair is seen on 5th Avenue in Manhattan, New York

WASHINGTON: Healthy US employment gains continued in March while wage growth moderated, indicating the nation’s labour market is poised to keep stoking the economy with limited risk of an inflation resurgence.

Payrolls in the world’s largest economy are seen increasing by at least 200,000 for a fourth straight month, according to a Bloomberg survey of economists.