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Payrolls expanded and unemployment dropped last month after a health care strike ended and a harsh winter abated.
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The March jobs report marks the first major release of economic data reflecting the period after the start of the Iran war, which has weighed on households and businesses.
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Hiring Surged Before Oil Prices Took Off: Futures Fall (Live) Investor's Business DailyJobs Report Live Updates: U.S. Added 178,000 Jobs in March With Market Stronger Than Expected The New York TimesJob growth shatters expectations in March, in boost to Trump PoliticoThe US economy added a higher-than-expected 178,000 jobs last month CNNUS jobs surge in March despite Iran war BBC
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The U.S. added a greater-than-expected 178,000 jobs in March and the unemployment rate fell a tick to 4.3% — signs that the labor market is holding firm even as the economy undergoes another spasm of uncertainty tied to the Iran war.
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The U.S. job market perked up last month as employers added 178,000 jobs. The unemployment rate dipped to 4.3%, mainly because the number of people seeking work declined.
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