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Jobs Report Crushes Expectations. See The Numbers

Jobs Report Crushes Expectations. See The Numbers

<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<p> <br &sol;>&NewLine;<&sol;p>&NewLine;<div style&equals;"position&colon;relative" data-narration-container&equals;"true">&NewLine;<p><span style&equals;"font-weight&colon;400">Employers in the United States added <a href&equals;"https&colon;&sol;&sol;www&period;bls&period;gov&sol;news&period;release&sol;archives&sol;empsit&lowbar;04032026&period;htm" target&equals;"&lowbar;blank" rel&equals;"noopener">178&comma;000<&sol;a> jobs in March&comma; more than tripling expectations of  <a href&equals;"https&colon;&sol;&sol;www&period;cnbc&period;com&sol;2026&sol;04&sol;02&sol;the-march-jobs-report-will-be-released-on-friday-heres-what-to-expect&period;html" target&equals;"&lowbar;blank" rel&equals;"noopener">59&comma;000<&sol;a>&comma; while the unemployment rate dropped to 4&period;3&percnt;&period;        <&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon;400">The labor market rebounded after a lackluster February report&comma; which showed payrolls declined by 133&comma;000 jobs and the unemployment rate rose slightly&period; Job gains in March were led by healthcare&comma; construction&comma; transportation&comma; and warehouse&period; Healthcare added 76&comma;000 jobs&period; About half of those gains reflect the return of workers who had been on strike&period; <&sol;span><&sol;p>&NewLine;<blockquote class&equals;"twitter-tweet">&NewLine;<p dir&equals;"ltr" lang&equals;"en">SMASHING ECONOMISTS’ EXPECTATIONS&excl; <a href&equals;"https&colon;&sol;&sol;t&period;co&sol;LkbKz54rzh" target&equals;"&lowbar;blank" rel&equals;"noopener">pic&period;twitter&period;com&sol;LkbKz54rzh<&sol;a><&sol;p>&NewLine;<p>— The White House &lpar;&commat;WhiteHouse&rpar; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;WhiteHouse&sol;status&sol;2040066344322793574&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw" target&equals;"&lowbar;blank" rel&equals;"noopener">April 3&comma; 2026<&sol;a><&sol;p>&NewLine;<&sol;blockquote>&NewLine;<p>Construction added 26&comma;000 jobs&comma; while transportation and warehousing grew by 21&comma;000&comma; signaling continued strength in infrastructure and logistics-related sectors&period; Leisure and hospitality rebounded partly due to warmer weather last month&comma; adding 44&comma;000 jobs&period; Manufacturing added 15&comma;000&comma; but finance lost that same amount&period;<&sol;p>&NewLine;<p>Federal government employment continued to decline&comma; falling by 18&comma;000 jobs in March and down 355&comma;000 from its peak in October 2024 during the Biden administration&period;<&sol;p>&NewLine;<p><span style&equals;"font-weight&colon;400">Wages also continued to rise&period; Average hourly earnings increased by 0&period;2&percnt; in March to &dollar;37&period;38&comma; following gains in February&period; <&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-weight&colon;400">Markets are closed today for Good Friday&comma; but the stronger-than-expected jobs report may influence investor expectations when trading resumes&period; A resilient labor market could also reduce pressure on the Federal Reserve to cut interest rates&comma; as the central bank has pointed to persistently elevated inflation as a reason to hold off on easing policy&period;<&sol;span><&sol;p>&NewLine;<&sol;div>&NewLine;<p><script async src&equals;"https&colon;&sol;&sol;platform&period;twitter&period;com&sol;widgets&period;js" charset&equals;"utf-8"><&sol;script><br &sol;>&NewLine;<br &sol;><br &sol;>&NewLine;<br &sol;><a href&equals;"https&colon;&sol;&sol;www&period;dailywire&period;com&sol;news&sol;u-s-job-growth-surges-past-expectations-in-march">Source link <&sol;a><&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER --><&sol;p>&NewLine;

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