美国经济：就业仍然稳健，但不确定性上升

Employment Data - In March, the U.S. added 228,000 non-farm jobs, significantly exceeding market expectations of 140,000[1] - The private sector saw job growth increase from 116,000 in February to 209,000 in March[4] - The unemployment rate rose slightly from 4.1% in February to 4.2% in March, with a minimal actual increase from 4.14% to 4.15%[4] Economic Outlook - Despite strong job growth, recession risks are rising due to potential tariff impacts and market signals indicating economic downturn[4] - Financial markets have issued recession warnings, with the S&P 500 index falling over 20%, marking a bear market[4] - The Federal Reserve is expected to cut interest rates in June or July, with another potential cut in September or December[1][4] Sector Performance - Job growth in the service sector surged from 90,000 to 197,000, driven by improved weather and the end of strikes in retail and healthcare[4] - Durable goods manufacturing jobs decreased, with mining and durable goods manufacturing losing 2,000 and 3,000 jobs respectively[4] - Government employment rebounded from 1,000 to 19,000, although federal government jobs decreased by 4,000[4]