David Payne: The employment growth trend in the United States remains good

The continuously rising oil prices have made inflation a more urgent concern for the Federal Reserve in recent times, but employment data is equally important. The April employment report has attracted much attention. In January, the United States added 160000 new jobs, decreased by 133000 in February, and added 178000 in March. As of March 2026, the United States has added 205000 new jobs, with an average monthly increase of 68000. Economist David Payne of The Kiplinger Letter stated that these data indicate that despite slow labor force growth, the employment growth trend in the United States remains strong. AI interpretation: Employment data shows a sustained growth trend, despite facing inflationary pressures brought about by rising oil prices. This phenomenon indicates the resilience of the labor market and strengthens confidence in economic recovery. With the stability of new employment, the market's expectations for the future economic outlook will become more optimistic, which may affect the Federal Reserve's policy decisions.