Payroll Growth in U.S. Closes In on Best 1Q Since 2012: Chart

(Bloomberg) -- For all the soft economic data that have soared this year, the government's employment figures are hard evidence that American companies are confident about demand and the economy's prospects. Payrolls are projected to climb by 180,000 in March, which would bring the average monthly gain so far this year to 218,000 -- the strongest first quarter for the U.S. labor market since 2012.

To contact the reporter on this story: Vince Golle in Washington at vgolle@bloomberg.net.

To contact the editors responsible for this story: Scott Lanman at slanman@bloomberg.net, Sophie Caronello

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