Washington — The U.S. Labor Department reported Monday that employers added 178,000 nonfarm jobs in March, rebounding from a revised loss of 133,000 in February; the unemployment rate fell to 4.3% while the labor force declined by about 396,000. The March gains were concentrated in health care (about 76,400 jobs, including roughly 31,000 Kaiser returns), construction (+26,000) and manufacturing (+15,000); average hourly earnings rose 0.2% monthly and 3.5% year-over-year, prompting analysts and policymakers to monitor wage and inflation trajectories this week.
Prepared by Christopher Adams and reviewed by editorial team.
The job market is bouncing back, with gains in health care, construction, and manufacturing. This could mean more job opportunities for you or your family. Keep an eye on the sectors showing growth.
The U.S. economy is showing resilience, adding 178,000 jobs in March. Wages are also on the rise. However, the decline in labor force participation is a concern. Worth forwarding if you know someone job hunting or considering a career switch.
Health-care employers, construction firms and specific employers like Kaiser Permanente benefited most, as health care added 76,400 jobs including 31,000 returning Kaiser workers, boosting sector employment in March.
Jobseekers discouraged from the labor market and sectors still shedding positions suffered as the labor force fell by 396,000 in March and some industries continue net losses.
U.S. Employers Added 178,000 Jobs in March Rebound
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