228,000 Jobs Added in March Far Exceeding Expectations
The US economy added 228,000 jobs in March, according to the Bureau of Labor Statistics (BLS), with the unemployment rate remaining at 3.5%.
The estimate was 120,000.
The US economy added 228,000 jobs in March, according to the Bureau of Labor Statistics (BLS), with the unemployment rate remaining at 3.5%.
Here’s a more detailed breakdown:
Job Growth:
The US economy added 236,000 jobs in March, according to the Bureau of Labor Statistics (BLS).
Unemployment Rate:
The unemployment rate changed little at 3.5%.
Key Sectors:
Employment continued to trend up in leisure and hospitality, government, professional and business services, and health care.
March 2023 Jobs Report
The March 2023 Jobs Report saw the unemployment rate change slightly to 3.5% in March from 3.6% in February.
Overall:
The March 2023 jobs report showed that the US economy added 236,000 jobs, surpassing expectations.
Manufacturing:
In March 2023, U.S. manufacturers shed 1,000 jobs, following a 4,000-job loss the sector posted in February.
Construction:
Construction employment totaled 7,150,000 in March, a dip of 15,000 for the month but an increase of 228,000, or 3.3%, over 12 months.
Source: https://gellerreport.com/2025/04/228000-jobs-added-in-march-far-exceeding-expectations.html/
