U.S. creates a more than expected 228,000 March jobs; joblessness rises to 4.2%
- The U.S. Economy added 228,000 jobs in March, according to the Labor Department's report.
- These gains occurred amid policy shifts, including tariffs and federal layoffs under the Trump administration.
- Job creation occurred in healthcare, transportation, warehousing, retail trade and social assistance sectors.
- Lindsay Rosner stated the jobs report would ease fears of a rapid softening in the labor market.
- Despite job growth, the unemployment rate rose slightly to 4.2 percent, and tariffs created market uncertainty.
30 Articles
30 Articles
US added 228K jobs in March as economy showed strength in buildup to Trump trade wars
WASHINGTON (AP) — U.S. employers added a surprising 228,000 jobs last month, showing that the American labor market was in solid shape as President Donald Trump embarked on a risky trade war with the rest of the world. The unemployment rate ticked up to 4.2%. The hiring numbers were up from 117,000 in February and were nearly double the 130,000 that economists had expected. Labor Department revisions shaved 48,000 jobs off January and February p…
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