WINNING : US Adds Surprising 228k Jobs In March
The U.S. added 228,000 jobs in March, significantly beating expectations. This marks a huge increase from the 150,000 jobs added in February. Meanwhile, unemployment remained steady at 4.2%.
This will be welcome news for the administration, as its economic policy has faced heavy scrutiny due to its new tariff policy, which has sparked a massive backlash in the markets. The administration has made it clear that tariffs can be renegotiated with willing countries.
Many financial “experts” have estimated the new policy has boosted the effective tariff rate to the highest in a century, creating an uncertainty that could make employers more hesitant to hire in April. The fear by finical “experts” is that supply chains will be impacted in a way that will lead to high prices, that could lead to layoffs in the future as consumers spend less on goods and services.
Trump commented on the new jobs report via truth social :
Trump is trying to shift the U.S. economy from a service-based economy back to a manufacturing and production-focused economy, so short term pain is possible and could impact hiring in the short term future. we shall see.
