Employment Growth and Political Speculation

SOURCE www.independent.co.uk
Fox Business host Maria Bartiromo speculates whether employers are anticipating a new president in November as the reason for booming employment growth under Joe Biden's administration. Despite the positive job numbers, she attempts to put a negative spin on the news.

Key Points

  • American economy added 303,000 jobs in March
  • US unemployment rate remained at 3.8%
  • Healthcare, government, and construction were top sectors adding jobs
  • Leisure and hospitality sectors returned to pre-pandemic levels

Pros

  • Better-than-expected US job numbers in March
  • 39th straight month of employment growth
  • Positive news for President Biden's re-election campaign

Cons

  • Maria Bartiromo attempts to put a negative spin on the positive job numbers
  • Speculation about employers anticipating a new president in November