The U.S. economy rolls on, adds 303,000 jobs in March
That’s fantastic news! The addition of 303,000 jobs suggests strong economic growth and typically indicates increased consumer spending, which can further boost the economy. This can potentially lead to decreases in unemployment rates and increases in wages as businesses compete for workers. However, job growth can also potentially lead to inflation if it outpaces increases in labor productivity. Therefore, it is important for such growth to be sustainable and for policy makers to manage it well.