U.S. Job Market Report for March 2025

In March, U.S. employers added 228,000 workers to their payrolls, exceeding expectations. The unemployment rate inched up to 4.2 percent. Private sector hiring was much stronger than anticipated, with businesses adding 209,000 jobs. Workforce participation rate and average hourly earnings rose, indicating increased demand for labor.

U.S. Employment Data for April

In April, U.S. employers added 175,000 workers to payrolls, with the unemployment rate rising to 3.9%. The weaker-than-expected figure may lead to hopes for rate cuts. Wage gains moderated, and the goods-producing and services sectors saw changes in employment. The Federal Reserve's rate cut projections have fluctuated based on economic data.

U.S. Job Market

U.S. employers added 275,000 jobs in February, exceeding expectations. Wages are rising faster than inflation, benefiting workers' purchasing power.