U.S. job growth exceeds expectations in March

PANews reported on April 4 that according to Jinshi, the US economy added far more jobs in March than expected, but amid falling business confidence and a stock market sell-off, Trump's tariff policy may test the resilience of the labor market in the coming months. Nonfarm payrolls added 228,000 jobs in March. The unemployment rate rose to 4.2% from 4.1% in February. Economists expect the impact of reciprocal tariffs may be seen in the April employment report. Retail employment is most likely to fall as consumers huddle in the face of rising prices. Financial markets expect the Federal Reserve to resume interest rate cuts by June after pausing its policy easing cycle in January.

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Author: PA一线

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