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March Jobs Surge Defies Iran War — or Because of It?

BULL CASE

Defense spending and domestic energy production prove the economy compartmentalizes war.

BEAR CASE

AI displacement and spiking energy costs will reverse this temporary wartime hiring boost.

GLOBAL MARKETS

US jobs surge comes at the expense of disrupted Asian economies losing Gulf workers.

Are US job gains primarily driven by war-related spending rather than organic economic growth?