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US economy far surpasses expectations to add 228,000 jobs in March

  • The U.S. Economy added 228,000 jobs in March, which is higher than the 117,000 jobs added in February, according to Bureau of Labor Statistics data released Friday.
  • The unemployment rate rose to 4.2% in March, up from 4.1% in February.
  • Economists had predicted job growth to slow to 130,000 and a rise in the unemployment rate to 4.2%, according to FactSet.
  • Economic data suggests rising uncertainty and layoffs due to significant policy shifts from the Trump administration.
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Forbes broke the news in United States on Friday, April 4, 2025.
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