America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic, Russia’s war against Ukraine and the highest inflation in 40 years.
The job growth in March, though solid, was the lowest since September and slightly below what economists had expected. Still, Vincent Reinhart, chief economist at Dreyfus and Mellon, said the numbers show that “the U.S. economy continues to have underlying momentum and that firms are taking workers when they can.″
The steady job growth has failed to buoy President Joe Biden’s flagging popularity, with the gains overshadowed in the public’s mind by chronically high inflation. With Russia’s invasion of Ukraine driving oil and gasoline prices higher, Biden has announced plans to release a million barrels of oil daily from the U.S. strategic reserve for the next six months.
Some economists sounded a note of caution, though, suggesting that the prospect of much higher borrowing rates engineered by the Fed will inevitably slow the job market and the overall economy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
War, Supply Chain Disruptions And Inflation: 431,00 New Jobs Were Added In MarchThe United States added 431,000 jobs in March. Unemployment fell to a pandemic low of 3.6%., the U.S. Bureau of Labor Statistics reported Friday. There were notable job gains in leisure and hospitality, professional and business services, retail trade and manufacturing. $TLRY $SNDL $LMND to the moon 🌚 🚀🚀🚀🚀🚀🚀🚀🦍🦍🦍🦍🦍🦍🦍💎🙌💼HOLDER!!!!!!!! Really? How about ‘431,000 people were called back to the old jobs that were taken away from them by sheer panic’. Biden did NOT create one of these jobs. These happened because Trump and Operation Warp Speed gave the moron Joe Biden the vaccine to send to CVS and Walgreens, Now he takes credit. Grrrr
Source: Forbes - 🏆 394. / 53 Read more »
Déjà 65 000 réservations pour le GMC Hummer | Actualités automobile | Auto123GMC a déjà reçu plus de 65 000 réservations pour son GMC Hummer électrique. Auto123 a les détails.
Source: auto123 - 🏆 566. / 51 Read more »
U.S. added 431,000 jobs in March in sign of economic healthAmerica’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years. BidenBoom kalian pikirkan aja kontol wooooi.... EXPECTED numbers: Economists had been looking for 490,000 on payrolls and 3.7% for the jobless level.
Source: WashTimes - 🏆 235. / 63 Read more »
March jobs report: US employers added 431,000 jobs last month, unemployment rate shrinks to 3.6%Despite the inflation surge, damage from COVID-19 and now a war in Europe, employers have added at least 400,000 jobs for 11 straight months. How is this bad news for joe Biden🙄 So 431,000 people who lost their jobs due to pandemic closures are finally back at some sort of work. Wonder when we’ll actually grow instead of rebound. “ in sign of economic health” you guys realize it’s almost insulting to see how dumb you think we all are? Because clearly there is nothing “healthy” going on in the economy right now.
Source: ABC7 - 🏆 67. / 68 Read more »
March jobs report 2022: US added 431,000 jobs in sign of economic healthThe U.S. added 431,000 jobs in March 2022 in a sign of a resilient economy — as unemployment fell to a pandemic low of 3.6%. What was the projected amount to add? I don't believe it. Fake news🧐🧐 the number is still 60,000 less than expected. under biden, even if you miss your mark, its a win. that's the new standard of accomplishment. settle for less, at the pump, grocery store, pay, production, supply chain, car dealer, garden nursery. you only get what comes in
Source: FOX26Houston - 🏆 448. / 53 Read more »
U.S. Added 431,000 Jobs In March In Sign Of Economic HealthThe job market has continued to rebound with unexpected speed from the coronavirus recession. Y’all doin this bullshit too huh Why is capitalism backward(3):capitalism allows violating morality for benefits,“if you treat others badly,you must treat your family badly”,so lovers actually don’t have love that’s capitalism' only spiritual pillar and cornerstone! “put powers in system cage' is also false!
Source: HuffPostWomen - 🏆 27. / 68 Read more »