US hiring surged in March, with 303,000 new jobs added, exceeding expectations. The unemployment rate dropped to 3.8%, matching forecasts. The strong job growth poses a challenge for the Federal Reserve as it considers interest rate cuts to manage inflation. Wage growth increased by 0.3% monthly and 4.1% annually. The robust job market is a focus for President Joe Biden, who seeks to highlight the economy's strength ahead of the presidential election. Read The Rest at :
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