Employers Added 155K Jobs in March, Surpassing Projections as Markets Anticipate ‘Liberation Day’

Posted in

April 2, 2025

Employers Added 155K Jobs in March, Surpassing Projections as Markets Anticipate ‘Liberation Day’

In March, private employers added 155,000 jobs, surpassing expectations and marking a recovery from February’s modest gains, according to ADP’s payroll report. The growth was predominantly driven by the business and financial services sectors, which saw increases of 57,000 and 38,000 jobs, respectively. Notably, large companies, those with 500 or more employees, contributed to 59% of the new positions. While wage growth slightly decelerated to an annual rate of 4.6%, the overall job addition is seen as a positive sign amid ongoing economic uncertainties, including impending tariffs announced by President Trump that could impact pricing and employment in the near future. As the labor market shows signs of resilience, more employment data will be released by the Labor Department later this week.

Original source:

https://www.usnews.com/news/economy/articles/2025-04-02/employers-added-155k-jobs-in-march-beating-expectations-as-markets-await-liberation-day

Employers Added 155K Jobs in March, Surpassing Projections as Markets Anticipate ‘Liberation Day’

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