Mixed Signals: Job Growth Up, Inflation Slow, Markets Uncertain.

The US economy added 236,000 jobs in March, led by hospitality, government, professional and business services, and healthcare. The unemployment rate remained at 3.5%, and average hourly wages increased 4.2% YoY. However, inflation remains a top concern for Americans, with rising costs being the top stressor for 74% of workers. Despite job growth, many Americans fear a recession is near, with some experts predicting a recession for 2023. The Fed increased interest rates by 25 basis points in February to combat inflation, but it's unclear if they will raise rates again at their next meeting.