The US employment rebounded more than expected in March, driven by the end of strikes and rising temperatures.

US job growth rebounded in March more than expected, as the end of strikes in the healthcare sector and rising temperatures contributed to the increase. The unemployment rate also fell to 4.3%, but with uncertainties looming over the prospect of war with Iran, downside risks for the labor market are on the rise. The highly anticipated employment report released by the US Bureau of Labor Statistics on Friday showed a significant increase of 178,000 nonfarm jobs last month, well above market expectations of 60,000, with February's data being revised downward by a decrease of 133,000 jobs. The March unemployment rate of 4.3% also came in lower than market projections. Economists widely predicted that there would be a rebound in the job market in March following the end of the strikes. The significant growth can potentially further strengthen the Federal Reserve's focus on inflation risks, as the rapid rise in energy prices due to the Middle East conflict has exacerbated these concerns. Wage growth was primarily driven by the healthcare industry's employment numbers, which saw a resurgence after the strikes ended. The construction, leisure and hospitality industries also rebounded in March following a decline in February, possibly reflecting weather-related economic recovery.