The U.S. economy rolls on, adds 303,000 jobs in March

The unemployment rate declined slightly to 3.8%, and wages rose faster than inflation. The report was the largest one-month payroll boost since May.

The U.S. economy added 303,000 jobs in March, blowing past expectations and indicating that economic growth remains on a firm footing.

The reading matches the largest one-month boost in payrolls since May 2023 and is a significant increase from the 270,000 added in February and the 256,000 in January.

Economists had forecast that about 200,000 jobs would be added for March.

https://www.nbcnews.com/business/economy/us-march-jobs-report-unemployment-rcna146549


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90% of all jobs created since 2000 have been under Democratic administrations.

The FED is forecasting GDP growth of 2.8% for Q1 2024, which would be an incredible feat considering interest rates.

To think that most economists were predicting a soft landing for the economy following the pandemic (and perhaps even a minor recession), when the country has been growing steadily for the past 4 years.

 

This is amazing considering the FED is implementing policies to slow down the economy.

Under the previous administration, the interest rate was practically zero. According to some Debby downers, we are currently in a recession though.

 

Government jobs: 71,000

Manufacturing jobs: 0

 

Joe Biden, after taking over a total **** show in Jan 2021, along with the FED, has governed with competence and zero drama from day one.

 

Might also mean the FED may not be able to cut central bank rates until later in the summer.

 

What Biden policies has created jobs. Name the specific policies.

 

Almost all the job "growth" has been replenishing lost Covid jobs, foreign workers, and part-time jobs. Way to go, "slow Joe." If I were you, I wouldn't brag about that in public.

 

Even if it were true, Biden will have succeeded in creating an economic environment favorable enough to recover all the jobs that were lost under Trump....

Oups.

 

See my thread under US News about food prices. Positive economic environment, my a**
Oops right back at you.

 

Don’t worry about them. Current Trumpublicans can’t stand good news about the economy. They want the economy to crash.

 

See my answer above about food prices. The economy under "slow Joe" is just humming along. Tell that to the single mom working two jobs to make ends meet. Oh, that's right. That job growth includes those working more than one job to survive.

 

The problem you have is Joe took over a **** show and Trump took over an economy chugging along steadly and then it tanked under his lack of competent leadership. Facts, timeline and context aren't friendly to Trump followers. Pity....

 

Do you have data that supports the idea that more people as a percentage of the workforce are working multiple jobs under Biden?

 

So you're saying Joe is bringing us back from the disaster that Trump left behind? That means we're back to the Obama Economy.... That's great!

 

The Fed it doing all in its power to cool down the economy, but it just keeps going. Its a rare situation.

 

Of course not. He gets his economic news from memes.

 

Government jobs added ... 71,000
Manufacturing jobs added ... 0
Part time jobs ... 691,000
Full time jobs ... -6,000

 

Righties just flat out making **** up, 10 billion

 

95% of those were not created jobs but people going back to work in spite of Biden and Dems trying to stop them from doing so.

 

What's the correct numbers then?

 

We were already back his, Obama's, policies reveresed it and brought on Bidenflation. What was so great about either?

 

It's doing everything to tame down Bidenflation and an inflation driven economy and it will these higher rates until it does.

 

Not my problem. And that's a **** excuse for making it up.

 

Biden job growth is due to his high inflation. Jobs have increased because Biden's inflation has caused people to hold down more than one job
- More Americans have two jobs or more, a sign of inflation's burden (usatoday.com)