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U.S. economy likely created modest 130,000 jobs last month as Trump trade wars lift recession fears

  • The Labor Department will release March employment numbers on Friday, with expectations of slower job growth.
  • Slower job growth occurs as President Trump's policies heighten economic worries among Americans.
  • Economists surveyed by FactSet estimate that 130,000 jobs were added, and the jobless rate may reach 4.2%.
  • Thomas Simons of Jefferies stated in a commentary that revisions will cause the labor market to "look quite a bit worse".
  • Worries increase as consumer sentiment indicates rising unemployment expectations, potentially leading to economic cutbacks.
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Associated Press NewsAssociated Press News
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U.S. economy likely created modest 130,000 jobs last month as Trump trade wars lift recession fears

The U.S. job market is slowing at a time when Americans are increasingly anxious about what President Donald Trump’s trade wars are going to do to the economy.

·United States
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Associated Press News broke the news in United States on Friday, April 4, 2025.
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