JOBS, JOBS, JOBS: Explosive Job Growth in March as Trump Economy Booms
The following is from the Trump team.
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.
- 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.