Don't worry the numbers will quietly revised down later Seems to be a pattern

From the article:

"The job gains were driven by a big rebound for the healthcare and social-assistance sector........"

That's depressing !

"One of the few weak spots was the public sector. Federal-government payrolls lost 18,000 jobs,..."


Why is that a "weak' spot ? Seems like a good thing to me

February's negative numbers have been revised even lower. Interest rates are climbing again, adding additional costs to all the other cost increases. One of the reasons the UE went down .1% is over 400K left the work force over the last month.

Bryce

I wonder how many of those 400k were illegals?

Depending on how long this war lasts, I wouldn't count out rate increases yet this year.

I too am in camp that short term rates may rise later this year.
Longer term rates already nudged up and holding higher and even the belly of the forward curve in that 3 to 5 year term has moved up considerably from where it was in February.
CME’s FedWatch tool has all but priced out any rate cuts until almost a year from now and has some probabilities showing for the overnight rate to nudge up too.
There is a lot of pain coming yet in prices from the stall in shipments through that straight. Not just oil but lots of other products. Fertilizer components, plastics, lots of stuff. Other countries have been taking measures to stem the cost impact. It’s coming and we haven’t felt it yet. One big old air bubble in the flow and it hasn’t really been felt yet. The longer this drags out the worse it will get.
Always pay attention to what the bond market tells us. Always.
Just my take from my chair watching global markets.
Jim