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Hassett: Positive Momentum Behind Jobs Report (Full Invterview)
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April 4, 2026
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8:37Now PlayingNational Economic Council Director Kevin Hassett reacts to the US March jobs report and said there's positive momentum in the economy.
US job growth rebounded in March and the unemployment rate unexpectedly fell, suggesting the labor market was stabilizing as the Iran war began.
Nonfarm payrolls rose 178,000 last month, the most since the end of 2024, after revisions showed a sharper decline in February, according to Bureau of Labor Statistics data out Friday. That was higher than all estimates in a Bloomberg survey. Economists had widely expected a bounceback in employment in March after a strike by more than 30,000 health care workers and severe winter weather contributed to an outsize decline in February. The solid increase will likely reinforce the Federal Reserve’s focus on inflation risks amid a rapid run-up in energy prices sparked by the war in Iran.
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