Posted 4/4/2024, 7:50:23 PM
Jobs Report Expected to Show Solid Gains Despite Slower Pace
- March jobs report expected to show 213,000 jobs added and unemployment rate falling to 3.8%
- Comes after two strong months of job gains over 275,000 in January and February
- Wage growth expected to moderate; signs of slowing would ease inflation concerns
- Jobs data still points to a strong labor market even if pace of hiring cools
- Report will give insight into expectations for potential Fed interest rate cuts later in 2022