US economy adds 303 jobs in March, strategist says 'not a bad report'

March's jobs data reported an astounding 303,000 jobs added to the US economy, topping estimates of 214,000, while the unemployment rate ticked down to 3.8%. The Conference Board Chief Economist Dana Peterson and Invesco Global Market Strategist Brian Levitt join Yahoo Finance this morning to discuss the general consensus on the job print's impact on the Federal Reserve's interest rate policy, taking a closer look at wage growth data.
Levitt characterizes the jobs print as a typical "Goldilocks report" while viewing it as "all favorable news" here for the US economy.
"I'm certainly concerned about wages. I mean, wages are still well above the average we saw before the pre-pandemic, before the pandemic. Before that it was roughly just under 3%, now we're still at 4%," Peterson explains. "And so that's going to place upward pressure on overall consumer inflation. The goods news is that housing inflation is slowing, but we're still getting that resistance from wages."
#stocks #youtube #job
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[@zachariah7114]

0:17 FREUDIAN SLIP
"We continue to SOW strength in the jobs data" that you do, that you do

[@MrFargo1001]

Write this Down: There WILL NOT BE ANY RATE CUTS anytime soon. You're Welcome.

[@YS-ys1us]

The market does not give a fxk. You are welcome.

[@MrFargo1001]

@@YS-ys1us The market only cares about the Market.

[@davinxi5926]

Apple just announced 10% workforce layoff lol

[@stephencooper3583]

So? Companies add and reduce jobs all the time.

[@Kevin51611]

They need to fix the title. 303 jobs?

[@zachariah7114]

thats actually the real number

[@hydoffdhagaweyne1037]

@@zachariah7114 lmao 🤣🤣🤣

[@B86432]

303 good paying jobs were added the rest are crap 😂

[@Ann-ig6hj]

Does jobs going to new immigrants included in that count?

[@Shiekyobooty]

GOP run welfare red states collect half their budgets from blue donor states 🤔

[@davidl.howser9707]

Yes. How many U.S. workers legal , and illegal can say " yes, and I have three of those jobs just to survive the inflation caused by high interest rates pushing up the cost of goods I need to buy just to survive to get to work over, and over, and over again" ?

[@johnprk]

The cost of living may be a little bit too high he says.. ignores groceries have soared 100% past 4 years. Full of 💩

[@nickvin7447]

Just wait until it is revised down like always.

[@Rayzeo]

Lies! The jobs actually increases after revision. So you can continue crying and throwing fits 😂

[@MrGordo-cu9tm]

The guy on the left is disillusional on inflation.

[@toddgammons9400]

We shouldn't even be talking about cutting rates

[@firstlast8258]

Speak for yourself 🤓 🖕

[@sunpark9195]

Hedge. My business did not profit but my other assets made up for it

[@southhillfarm2795]

who"s the guy on the right?

[@maggotman2024]

An error in CZcams headline?

[@zachariah7114]

No error, Yahoo is brave for reporting the truth and deserves all the accolades. YAHOOoOOOOO!

[@LawandOrder-fi5xk]

Layoff the person who put up the video.

[@chadstone7468]

Biden 2024

[@zachariah7114]

Said no one ever. I have yet to see a single sign supporting Skeletor.

[@Cryptosifu]

Wait until the revisions get released. So, each state added only 6,000 each on average? hahaha

[@grimaffiliations3671]

Biden Boom Baby

[@firstlast8258]

Literally

[@zachariah7114]

Boldfaced BS

[@B86432]

All trash paying jobs 😂

[@Relaxlifeisshort2]

Lies lies lies

[@Rayzeo]

Cry louder!!! 😂😂😂