US labor market posts largest jobs gain in 15 months, but clouds brewing from Iran war

Photo credit: Tim Mossholder via Pexels. Article by Lucia Mutikani. Reuters – April 3, 2026.

WASHINGTON, April 3 (Reuters) – U.S. job growth rebounded more than expected in March as a strike by healthcare workers ended and temperatures warmed up, but downside risks for the labor market are mounting from a war with Iran that has no clear end in sight. The biggest increase in nonfarm payrolls in 15 months, ​and also the largest since President Donald Trump returned to the White House, followed a sharp decline in February, the Labor Department’s closely watched employment report showed on Friday. […]

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