US Economy Adds Hotter-Than-Expected 228,000 New Jobs in March

The unemployment rate ticked up to 4.2 percent from 4.1 percent.

A "Now Hiring" sign at a restaurant in Royal Oak, Mich., on Oct. 12, 2024. Madalina Vasiliu/The Epoch Times

The U.S. labor market remained robust in March amid market turmoil and growing economic concerns, new data show.

Last month, the economy created 228,000 new jobs, up from a downwardly adjusted 117,000 positions in February. This is higher than the average monthly gain of 158,000 over the past 12 months and came in much higher than the consensus forecast of 135,000.