March Jobs Surge Surprises Economists with 228,000 New Positions

Reported about 23 hours ago

In March, the U.S. economy added 228,000 jobs, surpassing expectations and indicating a resilient labor market amid economic uncertainties. The growth was particularly strong in the services sector, healthcare, and transportation. Despite this positive news, concerns about new tariffs and potential impacts on hiring and inflation loom large, leading some economists to predict a dampening effect on the job market in the coming months. The unemployment rate ticked up to 4.2%, reflecting more people entering the labor force, while wages saw a slight easing in growth.

Source: YAHOO

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