In March, employers in the U.S. added 228,000 jobs, far surpassing expectations of 140,000. The unemployment rate slightly rose to 4.2%. Predictions for the private sector fell short as 209,000 jobs were added compared to the anticipated 115,000. The workforce participation rate increased from 62.4% to 62.5%, and there was an uptick in the average workweek, indicating higher labor demand. Additionally, average hourly earnings saw a rise of 0.3% from February and 3.8% year-on-year, reflecting the robust growth of the economy. Critics of the Trump economy were notably defied by these figures.
Tags #International, #Business, #Health
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