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BumRushDaShow

(153,889 posts) Fri Apr 4, 2025, 08:33 AM Apr 4

U.S. payrolls rise by 228,000 in March, but unemployment rate increases to 4.2% [View all]

Source: CNBC

Published Fri, Apr 4 2025 8:31 AM EDT Updated 5 Min Ago

Job growth was stronger than expected in March, providing at least temporary reassurance that the labor market is stable, the Labor Department reported Friday.

Nonfarm payrolls increased 228,000 for the month, up from the revised 117,000 in February and better than the Dow Jones estimate for 140,000, according to the Bureau of Labor Statistics.

However, the unemployment rate moved up to 4.2%, higher than the 4.1% forecast as the labor force participation rate also increased.

Though the headline number beat estimates, the report comes against a highly uncertain backdrop after President Donald Trump’s tariff announcement this week that has intensified fears of a global trade war that could damage economic growth.

Read more: https://www.cnbc.com/2025/04/04/jobs-report-march-2025-.html

From the source -

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Payroll employment rises by 228,000 in March; unemployment rate changes little at 4.2% #BLSData #EmpSit https://bls.gov/news.release/empsit.nr0.htm
8:30 AM · Apr 4, 2025

TGIF (except for the markets) and stay tuned for DU's economy analysts with the deep dives!

Article updated.

Previous article -

Published Fri, Apr 4 2025 8:31 AM EDT Updated 9 Min Ago

Job growth was stronger than expected in March, providing at least temporary reassurance that the labor market is stable, the Labor Department reported Friday.

Nonfarm payrolls increased 228,000 for the month, up from the revised 117,000 in February and better than the Dow Jones estimate for 140,000, according to the Bureau of Labor Statistics.

However, the unemployment rate moved up to 4.2%, higher than the 4.1% forecast.

This is breaking news. Please refresh for updates.

Original article/headline -

U.S. payrolls rise by by 228,000 in March, but unemployment rate increases to 4.2%

Published Fri, Apr 4 2025 8:31 AM EDT

Nonfarm payrolls were expected to grow by 140,000 in March while the unemployment rate held steady at 4.1%, according to the Dow Jones consensus forecast.

This is breaking news. Please refresh for updates.

31 replies

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Highlight:

U.S. payrolls rise by 228,000 in March, but unemployment rate increases to 4.2% [View all] BumRushDaShow Apr 4 OP

An independent group gab13by13 Apr 4 #1

yep. nt ImNotGod Apr 4 #4

That other group mainly polls their own subscribers BumRushDaShow Apr 4 #7

The ADP numbers are "actuals" for about 20% of the private workforce. How they estimate the other 80% progree Apr 4 #10

How can so many people get laid off and the numbers rise? Weird? walkingman Apr 4 #2

A lot of them may not have filed for UE yet due to court rulings BumRushDaShow Apr 4 #6

And both surveys were taken in the week containing March 12, if the usual practice was followed progree Apr 4 #8

And there have been a billion court rulings over that time BumRushDaShow Apr 4 #9

UE #'s TalentAgency Apr 4 #13

Most data is by "survey" BumRushDaShow Apr 4 #16

Wrong. Wiz Imp Apr 4 #18

BLS does their various "surveys" BumRushDaShow Apr 4 #20

No. You are completely 100% wrong Wiz Imp Apr 4 #23

"jobs numbers are calculated by BLS employees located in DC " BumRushDaShow Apr 4 #25

I don't know why you refuse to accept it, but you still have several facts wrong. Wiz Imp Apr 4 #28

"The national job numbers are calculated by plugging the survey responses into a mathematical formula. " BumRushDaShow Apr 4 #29

OK. One last response and I'm done. Wiz Imp Apr 4 #30

"How is that ignoring it?" BumRushDaShow Apr 4 #31

I'm delurking long enough to note that this week's report on unemployment claims numbers is here too. mahatmakanejeeves Apr 4 #27

Are the drumpf administration numbers reliable? biophile Apr 4 #3

to answer, no, there is no way he will allow any negative reports. nt ImNotGod Apr 4 #5

At this point, I'm inclined to say they are still honest Wiz Imp Apr 4 #19

Who's hiring? mdbl Apr 4 #11

The "health" cuts just started up towards the end of last month and into this month BumRushDaShow Apr 4 #12

From the source, the U.S. Bureau of Labor Statistics: mahatmakanejeeves Apr 4 #14

The economy is propelled by the last of the momentum Marthe48 Apr 4 #15

The last sputtering gasps of the Biden Boom! Finished in 2 months by an orange bloated lying fraudster wolfie001 Apr 4 #17

I just saw in the linked article from CNBC Wiz Imp Apr 4 #21

But how many have been reinstated by the courts? BumRushDaShow Apr 4 #22

The best I can tell about 25,000 have been reinstated by the courts. Wiz Imp Apr 4 #24

I found the NYT is doing a running tally and apparently the "275,000" is just an "announced" number BumRushDaShow Apr 4 #26