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older and younger construction workers The participation rate, or share of working-age people in the labor force, decreased and faces continued downward pressure as older workers retire. (Photo: Shutterstock)

(Bloomberg) –U.S. hiring rebounded more than forecast in March and the prior month was stronger than first reported, potentially relieving some concerns about a cooling economy. Wage gains eased and the unemployment rate held near a 49-year low.

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