The U.S. labor market rebounded sharply in March, adding 178,000 jobs, far exceeding expectations. The unemployment rate dipped to 4.3% as the economy showed resilience amid ongoing global tensions.
- U.S. non-farm payrolls increased by 178,000 in March, exceeding expectations of 51,000.
- The unemployment rate fell to 4.3%, the lowest since February 2026.
- Health care and social assistance added 89,900 jobs, the largest single-sector gain.
- Average hourly earnings rose by 0.2% to $37.38, with annual growth slowing to 3.5%.
- Job creation remains concentrated in specific sectors despite the overall rebound.
- Federal government employment continued to decline in March.
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