CoinVoice has recently learned that, according to Jin10, the number of jobs added to the U.S. economy in March far exceeded expectations. However, with declining business confidence and stock market dumping, Trump's tariff policy may test the resilience of the labor market in the coming months. Non-farm payrolls increased by 228,000 jobs in March. The unemployment rate rose from 4.1% in February to 4.2%.
Economists expect the impact of reciprocal tariffs to become apparent in the employment report for April. As consumers hunker down amid rising prices, retail employment is most likely to decline. Financial markets anticipate that after pausing the policy easing cycle in January, the Federal Reserve will resume rate cuts before June. [Original link]
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CoinVoice has recently learned that, according to Jin10, the number of jobs added to the U.S. economy in March far exceeded expectations. However, with declining business confidence and stock market dumping, Trump's tariff policy may test the resilience of the labor market in the coming months. Non-farm payrolls increased by 228,000 jobs in March. The unemployment rate rose from 4.1% in February to 4.2%.
Economists expect the impact of reciprocal tariffs to become apparent in the employment report for April. As consumers hunker down amid rising prices, retail employment is most likely to decline. Financial markets anticipate that after pausing the policy easing cycle in January, the Federal Reserve will resume rate cuts before June. [Original link]