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U.S. Economy Adds 303,000 Jobs in March, Exceeding Expectations

The robust job growth signals strength in the labor market, with unemployment dipping to 3.8% amid inflation and interest rate concerns.

  • The U.S. economy added 303,000 jobs in March, surpassing economists' forecasts and showcasing the labor market's resilience.
  • Unemployment rate fell to 3.8%, reflecting continued strength in job creation despite high inflation and Federal Reserve's interest rate policies.
  • Stock markets reacted positively, with major indices gaining ground as investors welcomed the strong jobs report.
  • Oil prices and inflation concerns remain in focus, with Brent crude hovering near $91 a barrel and impacting global markets.
  • Federal Reserve's future interest rate decisions are closely watched, as strong job growth and inflation dynamics complicate the economic outlook.
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