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Former labor statistics leaders and economic groups criticized Trump’s firing of BLS commissioner Erika McEntarfer, saying the dismissal undermines the credibility of federal economic statistics and lacks legal justification.
US employers added 178,000 jobs in March, surpassing expectations, while unemployment fell to 4.3%. However, February’s revised job losses of 133,000 were steeper than initially reported.
The US added 199,000 jobs in November as the unemployment rate declined to 3.7%, signaling continued economic resilience despite the Federal Reserve’s inflation-fighting campaign.
The US added 303,000 jobs in March, surpassing economist forecasts of 192,000 positions. The unemployment rate fell to 3.8% in the 39th consecutive month of job gains.
Kevin Warsh was sworn in as Federal Reserve chair at a White House ceremony overseen by President Trump, who expressed confidence in Warsh’s leadership while asserting the Fed would remain independent.
German Chancellor Friedrich Merz unveiled a 34-measure reform package including tax cuts, pension system overhaul, and stricter sick leave policies aimed at reviving the country’s sluggish economy.
