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US added 228K jobs in March, jobless rate stays flat

  • In March, the U.S. economy saw employers add 228,000 jobs, a marked increase.
  • This followed revised figures indicating 111,000 jobs were added the prior month amidst high inflation.
  • Job growth occurred in sectors like health care, hospitality, construction, and retail, partially due to returning workers.
  • Average wages increased 3.8% year-over-year, yet Federal Reserve Chair Jerome Powell noted, "We face a highly uncertain outlook."
  • Despite the positive report, tariffs and potential spending slowdowns introduce uncertainty; J.P. Morgan puts recession probability at 60%.
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US economy adds 228,000 jobs in March amid stock market turmoil

The US economy added 228,000 jobs in March, but experts warn that President Trump's new tariffs could impact future growth.

·Louisville, United States
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KPBS broke the news in on Friday, April 4, 2025.
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