Risk of another ugly US jobs report


Job market: Customers enter a McDonald’s restaurant near an employment sign visible in Atlantic Highlands, New Jersey. A private report shows US companies in March added the fewest jobs in 18 months, a possible sign of weakening. — AP > See page 7

WASHINGTON: Investors were on edge a year ago for signs the US labour market was overheating. Now they’re primed for the opposite.

While today’s jobs report is expected to show payrolls rebounded in March following the weakest reading since 2017, economists forecast a 180,000 gain. That would be a moderation from last year’s average as business investment slows and headwinds gather.

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