Skip to main content

Featured

Your daily horoscope: March 25, 2025

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY Listen carefully to what friends have to tell you this year but make sure you put their claims to the test. They may be more clued in about certain events than you are but that doesn’t mean their advice is infallible. Trust your own instincts first. ARIES (March 21 - April 20): Some people say that what does not destroy you only makes you stronger and you will get the chance to put that claim to the test today. The bigger the challenge the more you will have to raise your game to win. Defeat is not an option. TAURUS (April 21 - May 21): There may be times today when you wish you were some place else but the fact is you are in exactly the right situation at exactly the right time to learn the lessons the universe is trying to teach you. Forget about wishful thinking and act! GEMINI (May 22 - June 21): If your inner voice tells you to be careful today you would be a fool to ignore it, especially as Mercury, your ruler, links with Pluto, planet o...
Post a Comment
Read more

article

Labels

US Economy Surges: 303,000 Jobs Added in March, Exceeding Expectations

 

In a remarkable turn of events, the US economy added a whopping 303,000 jobs last month, far surpassing economists’ expectations. This surge marks the 39th consecutive month of job gains in the country.

Key Highlights:

  • Unemployment Rate: The unemployment rate stands at 3.8%, reflecting a robust labor market.
  • Strong Hiring: Despite the Federal Reserve’s efforts to cool inflation by raising interest rates, hiring remains surprisingly strong. Over the past 16 months, the Fed has gradually increased its benchmark interest rates from near zero to over 5%. However, recent rate hikes have been paused, and Fed Chair Jerome Powell hinted at potential rate cuts in response to perceived job market weakness.
  • ADP Report: Earlier this week, ADP—the largest private payroll company in the US—reported that businesses added 184,000 new positions in March, the highest rise since July last year.

The next rate decision by the Federal Reserve is scheduled for May. Powell emphasized the delicate balance between controlling inflation and supporting economic activity and employment. As he stated, “Reducing rates too soon or too much could result in a reversal in the progress we’ve seen on inflation. But easing policy too late or too little could unduly weaken economic activity.”

The March employment report underscores the resilience of the US labor market, even amidst global uncertainties. As we move forward, all eyes remain on the delicate dance between monetary policy and economic growth.

Labels:

Comments

Post a Comment