
The better-than-expected jobs numbers for March are relics of a bygone era in the U.S. economy and won’t stand in the way of the Federal Reserve cutting interest rates later this year, some economists said.
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The better-than-expected jobs numbers for March are relics of a bygone era in the U.S. economy and won’t stand in the way of the Federal Reserve cutting interest rates later this year, some economists said.
The U.S. labor market probably held up fairly well in March despite the federal government’s layoffs and increased pessimism about the economy amid President Donald Trump’s rollout of his tariff plans.