US employers added just 236,000 jobs in March, coming in below expectations and indicating that the labor market is cooling off amid the Federal Reserve’s yearlong rate-hiking campaign to chill inflation. The unemployment rate dropped to 3.
5%, according to the March jobs report released Friday by the Bureau of Labor Statistics. Economists were expecting a net gain of 239,000 jobs for the month and a jobless rate of 3.6%, according to Refinitiv. This story is developing and will be updated.
These are not new jobs.
LetsGoBrandon
America is going to shit, America will fall on its knees, nobody will want your dollars anymore 🤣🤣🤣 finally. long live BRICS
Overall, while the March job report may be a cause for concern, it's important to take a longer-term view of the labor market and consider a range of factors that may be impacting job growth.
While inflation has been a concern, the Fed has been cautious in its approach to raising interest rates and has indicated that it will closely monitor economic indicators before making any major policy changes.
It's also worth noting that the Federal Reserve's rate-hiking campaign was actually put on pause in 2019, and they have since implemented policies to support economic recovery.
The slower-than-expected job growth in March 2022 can be attributed to a variety of factors, including the ongoing COVID-19 pandemic, supply chain disruptions, and labor shortages in some industries.
The labor market sucks
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It will be revised down to Zero it always is
Back here in reality 236,000 jobs created in a single month is a strong job market. CNN has become a complete joke.
It is never right! Either it is too little or too much! You know, Rump averaged only 180,000 jobs a month in the first three years and ended the term with net job losses. The first president to achieve that. I see a BIDEN CRISIS headline on CNN very soon.
Taiwan is currently surrounded by China’s 71 fighter jets, 9 destroyers and an aircraft carrier. Joe Biden is the best thing that ever happened to Russia and China. Elections have consequences. Weak leadership has consequences.
Trump president!!
Just?
B/S data! Talk about why are groceries are up, gas, energy! Hard working middle class is about to break! Also, talk about China moving to there own currency!
Thanks again Joe....
Biden is really one of the best US presidents. Who would have thought.
People taking multiple jobs due to Biden 41 year high inflation
All irs agents 😂😂😂
صرخة واستغاثة انسانية الى جميع الشرفاء والاحرار في العالم انقذونا انقذوا_العراقيات_من_الارهاب freedom_for_Iraqi_women_from_terrorism انقذوا_المختطفات_الايزيديات_المسيحيات_التركمانيات_الشبكيات_المسلمات freedom_for_the_kidnapped_Yazidis_Christians_Turkmen_Shabak_Muslims
Fragt sich nur was für welche... Alle Kaufhäuser schließen Schuhgeschäfte ect.. Abrr Döner Kiosk FriseureSpielhallen nicht Gegenteil, weden neu eröffnet 😉
Wow
Many people will re-enter the workplace
How many jobs created by Goverment and created by private companies?
Caused by the bone-headed policy of rate hikes to curve inflation caused by corporate greed & monopoly businesses POTUS
This article contradicts itself every other paragraph. “..the Challenger Report showed job cuts on the rise with 89,703 layoffs announced in March, a 15% gain from February; and continuing jobless claims hit 1.823 million, a level not seen since December 2021.”
Hahahahaha the twirl in her hair says it all. I am being max positive.
We are losing 50% of our wealth and Democrats push perverse ESG Buffoonery on us.
It’s very likely much worse.. any numbers related to the disaster that is the Biden Administration are skewed and total bullshit. Kinda like everything that comes out of CNN
Then why are so many companies laying off thousands of employees?
Im calling bullshit, too many companies are laying people off!
thcier ich mag die Fotze nba OK te idI is
, Translated: 'the economy keeps growing, despite our desire for click-generating headlines about 'recession' and 'crisis'... so we're just gonna frame this continued growth in a negative way, however dishonestly we have to do it!'
“Just”
But there were 982,000 new jobless claims filed in March also?
This great economy makes kkk magas mad.
She has no clue about the economy. Looks like Biden’s press secretary 😂
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