U.S. Added 431,000 Jobs In March In Sign Of Economic Health

U.S. Added 431,000 Jobs In March In Sign Of Economic Health

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Social Studies, Life Skills, Business

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The March jobs report shows 431,000 jobs added, reducing the unemployment rate to 3.6%, slightly better than expected. This follows a strong February report with 678,000 jobs added. The biggest job gains were in leisure, hospitality, professional services, retail, and manufacturing. The report is positive for the Federal Reserve as it considers raising interest rates to manage inflation and maintain economic stability.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which industries saw the biggest gains in jobs according to the report?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are mentioned regarding inflation in relation to the jobs report?

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