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What to expect from the March jobs report — and when the war could hit hiring
Economists expect a 60,000 payroll gain, while Challenger data show 15,341 March cuts were tied to artificial intelligence.
- The Bureau of Labor Statistics will release the March jobs report Friday, with economists projecting a modest 60,000 job gain and unemployment holding at 4.4%.
- Challenger, Gray & Christmas reported that announced layoffs increased in March, with artificial intelligence cited as the reason for 15,341 of the 60,620 planned cuts.
- Private payrolls rose by 62,000 in March according to ADP, though health care accounted for 58,000 of those additions, masking underlying weakness in job quality.
- EY-Parthenon senior economist Lydia Boussour described a largely frozen labor market for 2026, where employers remain hesitant to hire or fire workers amid geopolitical uncertainty.
- Analysts at Goldman Sachs and Moody's Analytics recently raised recession odds to 40% over the next 12 months, citing surging energy costs and Middle East conflict risks.
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Total News Sources13
Leaning Left3Leaning Right0Center10Last UpdatedBias Distribution77% Center
Bias Distribution
- 77% of the sources are Center
77% Center
L 23%
C 77%
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