What to expect from the March jobs report — and when the war could hit hiring

The March jobs report, due out Friday morning, could bring a much-needed reality check after two months of wild swings in the US labor market.

But even if a level or baseline is achieved, and clarity is gained as to the health of the labor market, it’s a whole new ballgame now.

The Middle East conflict, which looks set to stretch into its sixth week, and the resulting supply crunch from a choked-off Strait of Hormuz, are delivering shockwaves throughout the globe.

Americans immediately saw an increase in prices at the pump; businesses watched transportation costs skip higher; and fears have heightened that

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