US payrolls likely added 60000 jobs in March rebound
Economists expect nonfarm payrolls to rise by 60,000 in March after a February drop. Rising oil prices and Middle East conflict create future hiring risks.
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Employment growth in the United States is expected to have rebounded in March as temporary disruptions from labor strikes and winter weather subsided. According to a Reuters survey, nonfarm payrolls likely increased by 60,000 jobs, following a sharp decline of 92,000 in February. While this recovery signals a return to the modest growth seen last year, the labor market faces significant headwinds from geopolitical instability and restrictive trade policies.
