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<Econ> US Mar Nonfarm Payrolls +178,000, Far Exceed Expectations; Unemployment Rate Falls to 4.3%
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The US Bureau of Labor Statistics announced on Friday that, after seasonal adjustment, nonfarm payrolls increased by 178,000 in March this year, reversing a decline of 133,000 in February and far exceeding market expectations of about 60,000. The increase marked the largest gain since December 2024.

Job gains during the month were mainly concentrated in the healthcare sector (76,000). The construction industry added 26,000 jobs after experiencing weather-related declines in winter, while transportation and warehousing added 21,000 positions.

Related NewsUS Feb Retail Sales YoY at 3.7%, Above Previous 3.2%
Alongside the rise in employment, the unemployment rate edged down to 4.3%. (sw/m)


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