U.S. job growth exceeded expectations in March

PANews reported on April 4 that the U.S. economy increased jobs in March far exceeded expectations, but Trump's tariff policy may test the flexibility of the labor market in the coming months amid a decline in business confidence and a stock market sell-off. The number of non-farm employment increased by 228,000 jobs in March. The unemployment rate rose to 4.2% from 4.1% in February. Economists expect the impact of the peer tariffs to emerge in April's employment report. Retail employment is most likely to decline as consumers curl up in price increases. Financial markets expect the Federal Reserve to resume interest rate cuts by June after suspending its policy easing cycle in January.