US added 228K jobs in March, jobless rate stays flat
- In March, U.S. Employers added 228,000 jobs, according to the Labor Department's official tally.
- A strong labor market has been a source of stability, even as businesses battled high inflation.
- Job gains occurred in health care, hospitality, construction, and among retailers after a strike.
- Average wages increased 3.8% from a year ago, but Jerome Powell said, "We face a highly uncertain outlook."
- Despite job gains, rising concerns exist about the economy amid layoffs and potential impacts from tariffs.
31 Articles
31 Articles
U.S. Adds 228,000 Jobs in March, Surpassing Expectations - The Michigan Star
by Dan McCaleb and Morgan Sweeney The U.S. added 228,000 jobs in March, the U.S. Department of Labor reported Friday, nearly double what was forecast. Employment gains occurred in the health care, transportation, warehousing and retail trade industries, according to the Labor department. The overall gains come despite significant layoffs in the federal government under the Trump administration. President Donald Trump is touting the gains as by…
The job market remains incredibly healthy — but the tariff storm could upend things
The American labor market just provided a bit of reassuring economic news at the end of a rocky week. U.S. employers added 228,000 jobs in March. That’s about twice the number added the previous month, when revised figures show employers added 111,000 jobs. The unemployment rate ticked up to 4.2% from 4.1% in February, as 232,000 people joined or rejoined the workforce. Jobs were added in health care, hospitality and construction. Retailers also…
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