U.S. employment growth exceeded expectations in March "
Internet reported that the U.S. economy added more jobs than expected in March, but Trump's tariff policy may test the resilience of the labor market in the coming months amid declining business confidence and stock market sell-off. Non-farm payrolls added 228,000 jobs in March. Unemployment rose to 4.2% from 4.1% in February. Economists expect the impact of reciprocal tariffs may be felt in the April jobs report. Retail employment is most likely to fall as consumers curl up amid rising prices. Financial markets expect the Federal Reserve to resume interest rates by June after suspending its policy easing cycle in January.
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