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Volatile Job Numbers Mask Stagnant Labor Market in the Trump ...
12 hours ago ... The economy added 178,000 jobs in March 2026, with a gain of 186,000 in the private sector. Much of this was just a rebound from the prior month, continuing a ...
US labor market posts largest jobs gain in 15 months, but clouds ...
SummaryNonfarm payrolls increase 178,000 in MarchUnemployment rate falls to 4.3% from 4.4% as people drop out of the labor forceAverage workweek shortens to 34.2 hours from 34.3 hoursWASHINGTON, April 3 (Reuters) - U.S. job growth rebounded more than expected in March as a strike by healthcare workers ended and temperatures warmed up, but downside risks for the labor market are mounting from a war with Iran that has no clear end in sight.The biggest increase in nonfarm payrolls in 15 months, and also the largest since President Donald Trump returned to the White House, followed a sharp decline in February, the Labor Department's closely watched employment report showed on Friday. Sign up here.Nonetheless, the rebound exaggerates the labor market's health. The average workweek was shorter last month and annual wage growth increased at its slowest pace in nearly five years.While the unemployment rate fell to 4.3% from 4.4% in February, that was because 396,000 people dropped out of the labor force, more than offsetting weakness in household employment. The labor force participation rate fell below 62% for the first time since the COVID-19 pandemic.Economists said March was too early to capture the fallout from the Middle East conflict."This is an on-the-one hand, on-the-other kind of a job market," said Bill Adams, chief U.S. economist at Fifth Third Commercial Bank. "This report tells us next to nothing about the Iran war's impact on the job market."Nonfarm payrolls increased by 178,000 jobs last month, the most since December 2024, after a downwardly revised 133,000 drop in February, the Labor Department's Bureau of Labor Statistics said. Economists polled by Reuters had forecast payrolls rising by 60,000 jobs after a previously reported 92,000 decrease in February.Estimates ranged from a loss of 25,000 positions to a gain of 125,000 jobs. The economy has experienced months of positive and negative payrolls since May last year, with volatility intensifying this year. Economists attributed some of the choppiness to the birth-death model, which the government uses to estimate how many jobs were gained or lost because of companies opening or closing in a given month.Others blamed uncertainty related to Trump's sweeping import tariffs, which have since been struck down by the U.S. Supreme Court. Trump, however, responded by imposing a global tariff for up to 150 days.Job growth averaged 68,000 per month in the first quarter, which economists said was a ...
What a surprisingly strong March jobs report means in the face of war
Smoothing out the fluctuations, the three-month average for job growth is running just above 68,000 this year. That's an improvement from the 12,000-jobs-a- ...
The US economy just added 178,000 jobs. One Fed official wouldn't ...
16 hours ago ... The labor market has been erratic to start 2026, creating over 100000 jobs one month and then contracting the next ... Simply stated, slower labor force growth ...
