US Job Growth Surges, But Uncertainty Looms
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
U.S. job growth surged in March, adding 178,000 nonfarm payrolls, far exceeding expectations. Unemployment dipped to 4.3% due to a healthcare workers strike ending and warmer weather. However, Februarys numbers were revised down, and job openings plunged in February. Businesses face uncertainty from Trumps tariffs and mass deportations. The U.S.-Israel strikes on Iran have pushed oil prices up 50% and gas to $4 a gallon nationwide. Economists warn of more job losses due to the war. The Fed is holding rates steady, but rate cut odds are fading. Keep an eye on Aprils report for the full impact.
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