US Economy Adds Hotter-Than-Expected 228,000 New Jobs in March

Contact Your Elected Officials
The Epoch Times Header

The Trump administrationโ€™s policy changes have not impacted the U.S. labor market.

The U.S. labor market remained robust in March amid market turmoil and growing economic concerns, new data show.

Last month, the economy created 228,000 new jobs, up from a downwardly adjusted 117,000 positions in February. This is higher than the average monthly gain of 158,000 over the past 12 months and came in much higher than the consensus forecast of 135,000.

The unemployment rate ticked up to 4.2 percent from 4.1 percent.

According to FactSet, the median estimates indicated 130,000 new jobs and an unemployment rate of 4.2 percent.

Average hourly earnings rose by 0.3 percent monthly, in line with market expectations. On a year-over-year basis, the increase in average hourly earnings eased to 3.8 percent from 4 percent.

The labor force participation rate edged up to 62.5 percent from 62.4 percent. Average weekly hours were unchanged at 34.2, matching the market estimate.

โ€œThe economy is starting to roar with a strong 228,000 jobs added in the month of March โ€” well ahead of the marketโ€™s expectation,โ€ White House press secretary Karoline Leavitt said in a statement.

There was also a sharp increase in transportation, construction, and warehousing employment. The Presidentโ€™s push to onshore jobs here in the United States is working. The Golden Age of America is on its way!โ€

โ€œThe economy is starting to roar with a strong 228,000 jobs added in the month of March โ€” well ahead of the marketโ€™s expectation,โ€ White House press secretary Karoline Leavitt said in a statement.

There was also a sharp increase in transportation, construction, and warehousing employment. The Presidentโ€™s push to onshore jobs here in the United States is working. The Golden Age of America is on its way!โ€

Over the past several years, the gap between employed U.S.- and foreign-born workers widened. The number of employed native-born people surged by 944,000 from a year ago. Likewise, employed foreign-born workers soared by approximately 1.1 million from March 2024.

The number of long-term unemployedโ€”individuals out of work for 27 weeks or moreโ€”was little changed at 1.5 million but accounted for more than 21 percent of all jobless people.

Byย Andrew Moran

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

AI is Now an Existential Threat

We now see evidence that artificial intelligence is an existential threat to our future. It is coming to take American jobs!

With or without

The mullahs of Iran have been at war with the West, particularly the US, for half a century and Iran is also the worldโ€™s foremost champion of terrorism.

Artificial Intelligence Equals Awful Iniquities

WSJ article โ€œAI is Learning to Escape Human Controlโ€ said in 79 of 100 trials, the o3 AI code systems edited their own code to prevent human shutdown!

VIDEO: Deranged Feminist vs. Mating Ducks in Epic Public Meltdown

A middle-aged white lady lib harasses mating ducks to โ€œstop it!โ€ because the rough sex they enjoy appears non-consensual on the part of the female.

RFK Jr. Slashes ALL U.S. Funding For Bill Gatesโ€™ Global โ€˜Vaccine Allianceโ€™

Robert F. Kennedy, Jr. recently pulled all U.S. government funding from Bill Gatesโ€™ Global โ€˜Vaccine Allianceโ€™ GAVI.

Musk Again Wades Into Politics, Calls GOP Bill โ€˜Insane and Destructiveโ€™

โ€œThe latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!โ€ Musk wrote in a Saturday post on X.

Nevada Seen as Case Study in Rapid Urban Sprawl Amid a Water Crisis

Nevadaโ€™s rapidly growing population has reached a critical intersection with the regionโ€™s worsening water crisis, according to experts.

US Streamlines Rule for Fining Illegal Immigrants, Will Issue Nearly $1,000 Daily Fines for Noncompliance

DHS and DOJ announced a new joint federal rule that streamlines the process of issuing fines for illegal immigrants, making it easier and more efficient.

Man Indicted on 12 Hate Crime Charges in Attack on Boulder Demonstration for Israeli Hostages

Boulder, CO man accused of hurling Molotov cocktails at demonstrators supporting Israeli hostages indicted by grand jury on 12 hate crime counts.

Canada-US Trade Talks Will End Until โ€˜Certain Taxesโ€™ Are Dropped, Trump Stresses

Trade discussions between Canada and the United States will end โ€œuntil such time as they drop certain taxes,โ€ U.S. President Trump said in an interview.

Trump Says US to Send Tariff Letters to Trade Partners Before July 9 Deadline

President Donald Trump said Sunday he will soon send letters to trading partners detailing the tariffs to be imposed on their exports to the United States.

Trump Says He Found a Buyer for TikTok

President Trump said he found a buyer for the Chinese-owned short video application TikTok, and that he will reveal the group in roughly two weeks.

Termination of โ€˜Wasteful Contractsโ€™ Saves US Government $470 Million Last Week: DOGE

Over the past seven days, various government agencies have terminated 312 โ€œwasteful contractsโ€ with a ceiling value of $2.8 billion, the DOGE said.
spot_img

Related Articles