A labor market cooldown: US economy added just 236,000 jobs in March

TL;DR

The unemployment rate dropped to 3. “We’ve heard a lot about layoffs, but there were still so many unfilled jobs in the tech sector that what we’re seeing is a lot of folks who have been displaced or lost their jobs in the last few months, are very quickly finding new opportunities. ”This is the last BLS jobs report that will be released before the central bank’s next policymaking meeting on May 2-3 (the April jobs report drops on May 5)

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