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US economy far surpasses expectations to add 228,000 jobs in March

  • In March, U.S. Employers added 228,000 jobs, exceeding expectations, while the unemployment rate rose to 4.2%.
  • A strong labor market has provided stability amid high inflation for businesses recently.
  • Job growth occurred in health care, hospitality, construction, and retail sectors; 232,000 people entered the workforce.
  • Average wages increased 3.8% from last year; President Trump claimed his tariff policies are "already working."
  • Despite job gains, economists predict a 60% chance of recession amid uncertainty over trade and potential hiring freezes.
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US economy adds 228,000 jobs in March amid stock market turmoil

The US economy added 228,000 jobs in March, but experts warn that President Trump's new tariffs could impact future growth.

·Greenville, United States
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Forbes broke the news in United States on Friday, April 4, 2025.
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