The data was stronger than forecast, "but vastly overstates the sustainable pace of job growth," said Oxford Economics lead US economist Nancy Vanden Houten. "The end of a strike, seasonal quirks and a rebound after harsh winter weather likely boosted job growth in some sectors," she said. "My Economic Policies have created an enormously powerful engine of Economic Growth, and nothing can slow it down," Trump said on his Truth Social platform, hailing the number of private sector jobs gained. Nationwide Chief Economist Kathy Bostjancic said the March report showed the labor market was in "good standing," with "broad-based gains in the private sector." "As the labor market softens due to the fallout from the war, we expect the unemployment rate to edge up," she said.

Source: Bangladesh Sangbad Sangstha April 04, 2026 03:34 UTC