BREAKING 🚨

March jobs report: US economy adds 178,000 jobs, unemployment rate falls to 4.3% in surprise turnaround.

Economists surveyed by Bloomberg had expected a gain of 65,000 jobs, reversing February’s drop. That month’s loss grew even bigger with revisions: from 92,000 to a new figure in Friday’s report of 133,000. Economists had projected no change in the unemployment rate from February’s 4.4%.

Friday’s data offers a picture of the job market just as the US-Israel war on Iran began to weigh on an economy already slogging through a weak hiring rate.