Institutions: The US job market may gradually recover this month after a slump in February.

U.S. employment is likely to rebound in March after one of the largest job losses since the pandemic began. Economists estimate that 60,000 jobs were added this month after a loss of 92,000. The unemployment rate is expected to remain at 4.4%. Employment has not increased for several months since May of last year, indicating a lack of significant hiring momentum in the labor market, but without any worrying signs of deterioration. Against this backdrop of limited job opportunities, renewed concerns about inflation due to the war in the Middle East, fueled by soaring gasoline prices, have fueled fears among Americans. Economists note that March employment is expected to rebound after disappointing February jobs data—in which construction and leisure and hospitality jobs may have declined due to weather conditions. Employment in the healthcare sector may also increase as more than 30,000 Kaiser Permanente employees ended their strike. (Jinshi)