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Cover of the US Market Briefing for April 2026

Insight Subjects

Insight Region

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US Market Briefing: April 2026

Content Insights

  • March payrolls increased by 178,000 after February’s revised decline of 133,000
  • Unemployment fell to 4.3%, while participation declined to 61.9%
  • Annual wage growth slowed to 3.5%, the weakest pace since May 2021
March payrolls rebound, but falling participation, slower wage growth and rising energy costs complicate the US labour market outlook

The April 2026 US Market Briefing assesses March’s payroll rebound, falling labour force participation, slower wage growth, and the risks posed by rising energy costs. Read the full report below.

Open or download the full US Market Briefing for April 2026 (PDF)