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The US economy is showing impressive strength, adding 228,000 jobs in March, far surpassing the 140,000 jobs economists had predicted.
This significant boost in employment is a testament to the American labor market's resilience, particularly in the face of President Trump's trade wars and other economic challenges.
The hiring numbers for March were nearly double the 130,000 jobs forecasted by economists, and a substantial increase from the 117,000 jobs added in February. Although the unemployment rate ticked up to 4.2%, workers' average hourly earnings rose 0.3% from February, and hourly pay was up 3.8% compared to the same period last year.
This positive jobs report is a welcome sign for the US economy, indicating that businesses remain confident and continue to invest in their workforce despite ongoing economic uncertainties.