March Jobs Report Surpasses Expectations with 228K New Positions – One America News Network
OAN Staff James Meyers
12:25 PM – Friday, April 4, 2025
The recent jobs report for March exceeded expectations, drawing praise from the Trump administration.
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U.S. employers unexpectedly added 228,000 jobs in March, a significant increase from February’s 151,000, following several federal layoffs initiated by the Department of Government Efficiency (DOGE).
President Donald Trump shared his enthusiasm for the latest report on his Truth Social platform.
“GREAT JOB NUMBERS, FAR BETTER THAN EXPECTED. IT’S ALREADY WORKING. HANG TOUGH, WE CAN’T LOSE!!!,” stated the president.
According to a Reuters survey of economists, the expectation was for an increase of 135,000 jobs in March, with forecasts varying from 50,000 to 185,000.
Sectors like healthcare, transportation, and warehousing saw some of the most substantial job growth.
However, some business owners and hiring managers expressed reluctance to expand their workforce due to concerns over Trump’s tariff strategy.
“On the surface, it appears that the labor market is stable and resilient. Yet, a deeper analysis shows that employers are exercising caution across nearly every sector,” commented Ger Doyle, County Manager at ManPower Group, a workforce solutions company.
Trump has highlighted that his reciprocal tariffs, which include a baseline 10% tax on all imports and increased rates for certain nations, could be reduced through appropriate negotiations.
“Companies are focusing on sustaining their operations with their current employees, but if uncertainties linger, they might reconsider their staffing levels,” Doyle added.
Private sector payrolls grew by 209,000 jobs in March, significantly surpassing economists’ projections of 127,000. This jobs report could provide some temporary relief to financial markets currently impacted by ongoing tariff discussions.
“While the jobs report indicates that the economy is still creating jobs in the face of tariff uncertainties and federal job reductions, the data is retrospective and doesn’t reflect how employers may perform in the upcoming months,” noted Glen Smith, chief investment officer at GDS Wealth Management.
At present, the Fed’s policy interest rate ranges between 4.25% and 4.50%.
Federal Reserve Chair Jerome Powell is scheduled to speak later today, as Trump has urged him to lower interest rates.
“This is an IDEAL moment for Fed Chairman Jerome Powell to reduce interest rates. He has a reputation for being ‘late,’ but this is a chance for him to change it swiftly,” Trump remarked in a post on Truth Social. “Energy prices are falling, interest rates are down, inflation is decreasing, and even egg prices are down 69%, with jobs increasing—all within two months—a SIGNIFICANT VICTORY for America. CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!”
Nevertheless, Powell later stated that the Fed is “well positioned to wait for greater clarity” before deciding on changes like rate cuts, according to business journalists in Arlington, Virginia. He also mentioned that the already imposed duties were “much higher than anticipated.”
The central bank’s policymakers maintained rates at their most recent meeting in March and noted they would keep a close eye on inflation data for indicators of rising price pressures, including those resulting from tariffs.
Gross domestic product (GDP) growth estimates for the first quarter are below a 0.5% annualized rate.
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