Gate News reports that on March 29, the U.S. job market may see a rebound in March, following one of the largest declines in employment data since the pandemic in February. Economists estimate that after a reduction of 92,000 jobs in February, 60,000 jobs will be added in March, with the unemployment rate expected to remain at 4.4%. Since May of last year, employment numbers have not seen growth for several months, indicating a lack of significant hiring momentum in the labor market, but there are also no signs of worrying deterioration. Against the backdrop of limited job opportunities, the war in the Middle East has reignited inflation concerns in the U.S., with gasoline prices rising sharply. Economists point out that the February employment data was disappointing, with employment numbers in construction and leisure and hospitality sectors likely declining due to weather-related reasons, while March employment numbers are expected to rebound. With over 30,000 employees of Kaiser Permanente ending their strike, employment in the healthcare sector may also see growth.
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