Analysis: Risks in the U.S. labor market remain high

Jinse Finance reported that Scott Helfstein, Head of Investment Strategy at Global X, stated that although the March employment report performed better than expected, "risks in the labor market remain high, and the rise in oil prices due to the Iran conflict could pose additional challenges in the coming months." Helfstein believes that the stronger-than-expected job growth in March may mean that the Federal Reserve will continue to keep interest rates at their current level during its meeting later this month. However, he added, "We still think interest rates might be too high, and this continues to be reflected in the mortgage market."