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March slowdownABC News
•78% Informative
US jobs report for March is likely to point to slower but still-solid hiring.
A modest downshift in hiring could reassure the Federal Reserve that the economy isn’t running too hot.
The U.S. job market has proved remarkably durable since the Fed started raising rates two years ago to try to tame inflation.
Some economists say the household survey isn’t accurately capturing the surge in foreign-born workers.
In the meantime, the Fed has signaled that it expects to cut rates three times this year .
Forecasters estimate that average hourly earnings rose 4.1% from March 2023 , down from a 4.3% year-over-year gain in February .
VR Score
90
Informative language
97
Neutral language
50
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semi-formal
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English
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51
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Attention-grabbing headline
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Known propaganda techniques
not detected
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short-lived
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