March Jobs Report Beats Expectations

Despite the strong headline numbers, economists warn of underlying fragility as high energy costs from the Iran war begin to impact consumer spending.

The unemployment rate dropped slightly, but some analysts argue the report hides a growing number of people giving up on the job search.

The robust data likely takes interest rate cuts off the table for the Federal Reserve in the near term.

President Trump has touted the report as proof that his economic policies are succeeding despite global volatility.