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Posted on 04/03/2026 5:41:53 AM PDT by God luvs America
The U.S. labor market bounced back in March, with job creation much stronger than expected though the broader picture of a slow-growth labor market held intact.
Nonfarm payrolls rose a seasonally adjusted 178,000 during the month, a reversal from the 133,000 decline in February and better than the Dow Jones consensus estimate for 59,000, the Bureau of Labor Statistics reported Friday. February’s number was revised down by 41,000 while January was revised up by 34,000 to 160,000, putting the three-month average around 68,000.
With job creation higher, the unemployment rate edged lower to 4.3%.
As has been the case, health care was responsible for much of the growth, with the sector adding 76,000. A strike at health-care provider Kaiser Permanente in February took 31,000 off that month’s total and has since been settled.
(Excerpt) Read more at cnbc.com ...
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Unexpected, as usual.
From the horse’s mouth...
https://www.bls.gov/news.release/empsit.nr0.htm
The best bit...
“...Federal government employment continued to decline in March (-18,000). Since reaching a peak in October 2024, federal government employment is down by 355,000, or 11.8 percent...”
Huzzah!
That’s great news!
It further lessens pressure on the Fed to cut rates, and indeed, the market set rates higher this morning in abbreviated Good Friday trading.
This good jobs news may keep the Trump haters on this board at bay for a few days.
Or at least for a few hours. Or a few dozen minutes.
Sound the sad trombone for the Surrender Monkeys. Take the weekend off and watch reruns of TV “specials” showing “The REAL EASTER STORY: The truth comes out finally,” that should make you feel better.
Good. Need 3 of them now we are back to the Biden economy pricing.
I look to be eminently employable, since I have positioned myself as an Artificial Intelligence Solution Engineer.
Full time employment increased, in addition to part time employment. That’s real job growth.
Seems to me any time the #'s are "higher than expected" and a good thing, they always get revised much lower later on.
Lol… yep. And these same folks who are always wrong still have jobs.
Still, the way the US tracks unemployment doesn’t give the real picture.
I see your strategy is “Work the Quirk”...
The U.S. labor market bounced back in March, with job creation much stronger than expected though the broader picture of a slow-growth labor market held intact.
Nonfarm payrolls rose a seasonally adjusted 178,000 during the month, a reversal from the 133,000 decline in February and better than the Dow Jones consensus estimate for 59,000, the Bureau of Labor Statistics reported Friday. February’s number was revised down by 41,000 while January was revised up by 34,000 to 160,000, putting the three-month average around 68,000.
All a bunch of gobblygook. The numbers will be revised again next month. Don’t know when they will settle on the real numbers.
But with it the markets move on the differnce between thier predicted number and the actual. Why should their predicted number matter. Sounds like a whole lot of gambling to me. See Trading Places, 1983 movie outing the con game that the stock and trading markets are.
Seconds at best.
Inflated like your ego?
Can Ai make a tds filter we can use?
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