Surprising many economists, American employers once again outpaced market expectations by adding 303,000 jobs in March. Further, the nation’s unemployment rate dropped back down to 3.8 percent, again defying outlooks. We’re tracking these latest updates, along with labor force participation rates, wage shifts, and inflationary concerns.

For more key insights into the latest U.S. Jobs Report release, dive into our March 2024 Jobs Report Analysis!

Once again, the American economy exceeded expectations in the jobs markets by adding 275,000 new workers to the nation’s payrolls in February.  However, there are mixed signs in the latest data which may show cooling in the labor market as unemployment increased to 3.9 percent and wage growth slowed. 

For more key insights into the latest U.S. Jobs Report release, dive into our February 2024 Jobs Report Analysis!