Happy April! The number of jobs increased by 178,000 in March and the unemployment rate declined to 4.3 percent. The U.S. labor market continues to bestrong, despite the ongoing partial government shutdown and higher gasoline prices from the closing of the Strait of Hormuz in the Middle East. The Federal Reserve had been expected to cut interest rates two times in 2026, but this is now on hold as the economy continues to show both strength and higher risk of inflation. As occurred in 2025, it is possible for perceived risks to dissipate quickly, but it is also possible that new conditions will take longer to reverse. In the meantime, I hope you have the opportunity to enjoy the pleasant days of spring with family and friends!
All the Best, Jon Gauthier, President, GWM
If you are not connected to GWM on LinkedIn, request a link at: Linkedin.com/in/jon-gauthier-cfp/. You can also catch up on our latest activities at our Web site, www.gauthierwm.com.
Topics:
Federal Student Loans: How Much Do Borrowers Owe?
Be Storm Smart: How to Prepare for Extreme Weather
The Evolution of Retirement Savings
Don’t Overlook the Value of Social Security Survivor Benefits
