PULSE POINTS:

What Happened: Employers in the U.S. increased their payroll by 228,000 in March.

Who’s Involved: The U.S. Department of Labor, economists, and private sector businesses.

Where & When: United States, March.

Key Quote: “Great job numbers, far better than expected. It’s already working. Hang tough, we can’t lose!!!” — President Donald J. Trump.

Impact: The labor market’s unexpected strength suggests continued economic stability, alongside increased workforce participation and rising wages.

IN FULL:

According to a report released by the Department of Labor (DoL) on Friday, in March, U.S. employers expanded their workforce by 228,000. The jobs numbers far exceeded economists’s forecasts, with most only anticipating a gain of 140,000 new jobs for the month.

“Great job numbers, far better than expected. It’s already working,” President Donald J. Trump wrote in a post on Truth Social responding to the jobs report. He added: “Hang tough, we can’t lose!!!”

While the unemployment rate ticked up slightly to 4.2 percent, this increase was expected due to labor force expansions and increased demand for workers. Notably, the private sector demonstrated significant hiring momentum, with 209,000 positions added, far surpassing the forecast of 115,000 jobs. This robust performance offsets concerns over consumer sentiment and indicates resilient economic conditions.

The workforce participation rate has continued its expansion, rising from 62.4 percent to 62.5 percent. The average workweek also extended, reflecting stronger labor demand. Average hourly earnings grew by 0.3 percent from February and rose 3.8 percent compared to the previous year, indicating healthy wage growth.

The post 228,000 Jobs Added in March as Trump’s Economy Surges. appeared first on The National Pulse.