Mike McKee

Well, no surprise the Iran war and tariffs were central to the discussion among Fed officials at their March meeting.

The full effect of tariffs had not yet moved through the economy, officials said.

A resilient economy, they called it.

And the war, then only a few weeks old, raised the threat of inflation increasing and hiring slowing.

The labor force has shrunk.

We're now at the smallest labor force we've had since December of 2024.

And so it doesn't take as much to make a solid gain, keep unemployment steady as it used to.

Now economists think about 50,000.

or a little bit less would be okay.

So $178,000 is really good news.

The labor force has shrunk.

We're now at the smallest labor force we've had since December of 2024.

And so it doesn't take as much to make a solid game, keep unemployment steady as it used to.

Now economists think about 50,000.

or a little bit less would be okay.

So 178,000 is really good news.

The labor force has shrunk.

We're now at the smallest labor force we've had since December of 2024.

And so it doesn't take as much to make a solid game, keep unemployment steady as it used to.

Now economists think about 50,000.