The strong U.S. job market is in a ‘sweet spot,' economists say
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The U.S. economy added 303,000 jobs in March, the largest gain in over a year. The unemployment rate also decreased to 3.8%. The labor market looks healthy and sustainable, with broad-based job growth and real wage growth. The job market is cooler than in 2021 and 2022, but it is still relatively easy to find a job and workers are receiving inflation-adjusted raises. The Federal Reserve sees cooling wage growth as positive in the fight against inflation. The labor market is settling into a 'sweet spot' and is expected to continue growing.

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https://www.cnbc.com/2024/04/05/the-strong-us-job-market-is-in-a-sweet-spot-economists-say.html