Jobs Numbers Smash Through Expectations: U.S. Payrolls Grow By 178,000

[mystery-ak]

Jobs Numbers Smash Through Expectations: U.S. Payrolls Grow By 178,000

John Carney 3 Apr 2026

Employment in the United States expanded by 178,000 in March and the unemployment rate fell to 4.3 percent.

Economists had forecast the economy would add 59,000 workers and the unemployment rate would hold steady at 4.4 percent. The prior month’s estimate of a decline of 92,000 was revised even further into negative territory to a drop of 133,000.

https://www.breitbart.com/economy/2026/04/03/jobs-numbers-smash-through-expectations-u-s-payrolls-grow-by-178000/

[IsailedawayfromFR]

All of this is good stuff.

Isn't it a wonder that this happens when federal employees are reduced by over 11%, focus is on American manufacturing/jobs and work by illegals get significantly reduced so Americans have those jobs?

Employment in the United States expanded by 178,000 in March and the unemployment rate fell to 4.3 percent.

Economists had forecast the economy would add 59,000 workers and the unemployment rate would hold steady at 4.4 percent. The prior month’s estimate of a decline of 92,000 was revised even further into negative territory to a drop of 133,000.

The February jobs figures were pulled down by a large strike in the healthcare sector. March saw that reverse, with the sector adding 76,000 workers in the month. Over the past 12 months, the sector has added an average of 29,000 each month.

Construction employment jumped by 26,000. Transportation and warehousing payrolls expanded by 21,000. Manufacturing added 15,000.

The Trump administration’s efforts to shrink the federal government and “reprivatize” the U.S. economy continued to cause payrolls to decline, with employment falling by 18,000. Since the Biden government payrolls peak in October 2024, federal government employment is down by 355,000, or 11.8 percent. Private employment, on the other hand, rose 186,000.

Financial sector payrolls have also been shrinking. In March, payrolls in finance declined by 15,000, bringing the decline since the peak in May 2025 to 77,000.

Hiring also became more broad-based in March. The Labor Department’s private-sector diffusion index, which measures how widely job gains are spread across industries, rose to 56.8 from 49.2 in February. A reading above 50 indicates that more industries are adding jobs than cutting them, suggesting that March’s employment gains were spread across a wider range of businesses rather than concentrated in just a few sectors.

[mystery-ak]

https://twitter.com/EricLDaugh/status/2040047221727547703

[libertybele]

Winning!!

[Hoodat]

Adam Kobeissi
@TKL_Adam

The Fed's worst nightmare is getting worse:

As one-year inflation expectations exceed 5% and odds of a rate hike are rising, the US economy just posted its largest monthly job loss since December 2020, losing -133,000 jobs in February.

In other words, the "Fed Pivot" is on halt at a time when the labor market needs it most. This is the hallmark of stagflation; inflation and the labor market are moving in opposite directions.

This brings us to the next question: which will the Fed choose to save?

Inflation or the labor market?

10:51 AM · Apr 3, 2026  ·  263.7K Views

https://x.com/TKL_Adam/status/2040094802428002474


Not sure why this got posted today, but having to choose between saving either inflation or the labor market, the Fed could save both by discontinuing it's 17-year practice of printing up new money for the sole purpose of funding government deficits.