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JOBS, JOBS, JOBS: Explosive Job Growth in March as Trump Economy Booms
Today’s jobs report shows the private sector is roaring back under President Donald J. Trump — smashing expectations for the second straight month as the Golden Age of America is well on its way.
In March, the U.S. added 228,000 jobs — nearly 100,000 more jobs than economists predicted and the fourth-highest month for private payroll growth in the past two years. In fact, last month’s jobs increase is roughly twice the pace of the previous two months.
The report highlights a resilient labor market as companies aggressively onshore jobs amid President Trump’s bold trade and economic agenda.
In March, the U.S. added 228,000 jobs — nearly 100,000 more jobs than economists predicted and the fourth-highest month for private payroll growth in the past two years. In fact, last month’s jobs increase is roughly twice the pace of the previous two months.
The report highlights a resilient labor market as companies aggressively onshore jobs amid President Trump’s bold trade and economic agenda.
- Private employment grew by 209,000 jobs — well above the pre-election 12-month average of 124,000 jobs:
- + 23,700 jobs in retail trade.
- + 22,900 jobs in transportation and warehousing.
- + 13,000 jobs in construction.
- The number of full-time workers increased by a remarkable 459,000 over last month, while labor force participation grew by 232,000 as more Americans seek jobs.
- Americans’ wages are up, with nominal hourly wages rising by nearly 4% over the past year.
- Under Biden, government and government-adjacent employment accounted for nearly three-fourths of new employment. Under President Trump, that number dropped to just 42% in March.
