Healthcare leads US job gains; CEO turnover rises; Manufacturing activity declines
By Brittney Sherman
U.S. employers added 228,000 jobs in March, led by healthcare’s 54,000 new positions, though unemployment ticked up to 4.2%. Construction added 13,000 jobs, while federal agencies shed 4,000 amid budget cuts. Analysts say the Federal Reserve may keep policy steady while monitoring new tariffs, which could push inflation close to 4%, well above the Fed’s 2% target.