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The U.S. economy added 178,000 jobs in March, surpassing economist expectations of roughly 60,000 jobs, according to the Bureau of Labor Statistics. The unemployment rate edged down to 4.3% from 4.4% in February.

The U.S. economy added 178,000 jobs in March, surpassing economist expectations of roughly 60,000 jobs, according to the Bureau of Labor Statistics. The unemployment rate edged down to 4.3% from 4.4% in February.

Health care led job gains in March, adding 76,000 positions, with ambulatory health care services accounting for 54,000 of those jobs as 35,000 workers in physicians' offices returned from a strike. Construction added 26,000 jobs and transportation and warehousing gained 21,000.

Health care led job gains in March, adding 76,000 positions, with ambulatory health care services accounting for 54,000 of those jobs as 35,000 workers in physicians' offices returned from a strike. Construction added 26,000 jobs and transportation and warehousing gained 21,000.

Federal government employment fell by 18,000 in March and has declined by 355,000 jobs, or 11.8%, since reaching a peak in October 2024. February's job losses were also revised to -133,000 from the original -92,000, the largest monthly U.S. job loss since December 2020.

Federal government employment fell by 18,000 in March and has declined by 355,000 jobs, or 11.8%, since reaching a peak in October 2024. February's job losses were also revised to -133,000 from the original -92,000, the largest monthly U.S. job loss since December 2020.

Average hourly earnings for private nonfarm payroll workers rose 0.2% in March to $37.38, with annual wage growth at 3.5%, the slowest rate since 2021. The average workweek edged down by 0.1 hour to 34.2 hours.

Average hourly earnings for private nonfarm payroll workers rose 0.2% in March to $37.38, with annual wage growth at 3.5%, the slowest rate since 2021. The average workweek edged down by 0.1 hour to 34.2 hours.

The labor force participation rate fell to 61.9% in March, its lowest level since November 2021, while the number of long-term unemployed held at 1.8 million but rose by 322,000 over the year, accounting for 25.4% of all unemployed people.

The labor force participation rate fell to 61.9% in March, its lowest level since November 2021, while the number of long-term unemployed held at 1.8 million but rose by 322,000 over the year, accounting for 25.4% of all unemployed people.

The March jobs data did little to shift market expectations for Federal Reserve rate policy, with the CME FedWatch tool showing a 99.5% probability the Fed would leave its benchmark rate at 3.5-3.75% at its April meeting. BLS surveys for the report were completed by March 12.

The March jobs data did little to shift market expectations for Federal Reserve rate policy, with the CME FedWatch tool showing a 99.5% probability the Fed would leave its benchmark rate at 3.5-3.75% at its April meeting. BLS surveys for the report were completed by March 12.

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Federal government employment fell by 18,000 in March and has declined by 355,000 jobs, or 11.8%, since reaching a peak in October 2024. February's job losses were also revised down to 133,000, the largest monthly U.S. job loss since December 2020.

Federal government employment fell by 18,000 in March and has declined by 355,000 jobs, or 11.8%, since reaching a peak in October 2024. February's job losses were also revised down to 133,000, the largest monthly U.S. job loss since December 2020.

Average hourly earnings for private nonfarm payroll workers rose 0.2% in March to $37.38, with annual wage growth at 3.5% — the slowest rate since 2021. The average workweek edged down by 0.1 hour to 34.2 hours.

Average hourly earnings for private nonfarm payroll workers rose 0.2% in March to $37.38, with annual wage growth at 3.5% — the slowest rate since 2021. The average workweek edged down by 0.1 hour to 34.2 hours.

The March jobs data did little to shift market expectations for Federal Reserve rate policy, with the CME FedWatch tool showing a 99.5% probability the Fed would leave its benchmark rate unchanged at its April meeting. BLS surveys for the report were completed by March 12.

The March jobs data did little to shift market expectations for Federal Reserve rate policy, with the CME FedWatch tool showing a 99.5% probability the Fed would leave its benchmark rate unchanged at its April meeting. BLS surveys for the report were completed by March 12.

The March jobs report is a blowout win — 178,000 jobs added, nearly tripling what economists predicted, with unemployment falling to 4.3% across women, Black Americans, Hispanics, Asians and veterans. Private sector growth is driving this, not government bloat, which keeps shrinking. Wages are up, inflation is down to 2.4% and blue-collar workers have fully recovered what was lost in the Biden years.

The March jobs report is a blowout win — 178,000 jobs added, nearly tripling what economists predicted, with unemployment falling to 4.3% across women, Black Americans, Hispanics, Asians and veterans. Private sector growth is driving this, not government bloat, which keeps shrinking. Wages are up, inflation is down to 2.4% and blue-collar workers have fully recovered what was lost in the Biden years.

One decent month can't paper over a labor market that's been frozen solid — job growth has averaged just 89,000 per month over the last six months, February's losses were revised to 133,000 (the worst since the pandemic) and 400,000 people simply quit looking for work. Healthcare propped up March's headline number, manufacturing is still down 82,000 jobs and stagflation is increasingly what economists see coming.

One decent month can't paper over a labor market that's been frozen solid — job growth has averaged just 89,000 per month over the last six months, February's losses were revised to 133,000 (the worst since the pandemic) and 400,000 people simply quit looking for work. Healthcare propped up March's headline number, manufacturing is still down 82,000 jobs and stagflation is increasingly what economists see coming.

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U.S. Adds 178K Jobs in March, Beats Expectations

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The March jobs report is a blowout win, nearly tripling what economists predicted and unemployment falling to 4.3% across women, Black Americans, Hispanics, Asians and veterans — American citizens, not illegals. What's more, private sector growth is driving this, not government bloat, which Trump continues to shrink. And the best part is that wages are up, inflation is down to 2.4% and blue-collar workers have fully recovered what was lost in the Biden years.

The March jobs report is a blowout win, nearly tripling what economists predicted and unemployment falling to 4.3% across women, Black Americans, Hispanics, Asians and veterans — American citizens, not illegals. What's more, private sector growth is driving this, not government bloat, which Trump continues to shrink. And the best part is that wages are up, inflation is down to 2.4% and blue-collar workers have fully recovered what was lost in the Biden years.

One decent month can't paper over a labor market that's been frozen solid. Job growth has averaged just 89,000 per month over the last six months, February's losses were revised to 133,000 (the worst since the pandemic) and 400,000 people simply quit looking for work. Healthcare propped up March's headline number, manufacturing is still down 82,000 jobs and stagflation is increasingly what economists see coming.

One decent month can't paper over a labor market that's been frozen solid. Job growth has averaged just 89,000 per month over the last six months, February's losses were revised to 133,000 (the worst since the pandemic) and 400,000 people simply quit looking for work. Healthcare propped up March's headline number, manufacturing is still down 82,000 jobs and stagflation is increasingly what economists see coming.

There's a 41% and 23% chance that the U.S. will experience a recession in 2026 and 2027, respectively, according to the Metaculus prediction community.

There's a 41% and 23% chance that the U.S. will experience a recession in 2026 and 2027, respectively, according to the Metaculus prediction community.

US Added 178K Jobs in March, Lost More in February Than Initially Thought

U.S.US AddsAdded 178K Jobs in March, BeatsLost ExpectationsMore in February Than Initially Thought

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