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The March jobs report marks the first major release of economic data reflecting the period after the start of the Iran war, which has weighed on households and businesses.
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The U.S. added a bigger-than-expected 178,000 new jobs in March and the unemployment rate fell to 4.3% last month in a sign the labor market is holding firm even as the economy undergoes another spasm of uncertainty tied to the Iran war.
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The job market showed further signs of weakness last month as employers cut 92,000 jobs. The unemployment rate inched up to 4.4%, from 4.3% in January.
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