WASHINGTON - Today's jobs report shows that the private sector is booming again under President Donald J. Trump - beating expectations for the second month in a row and America's golden age is well under way.
The U.S. added 228,000 jobs in March, nearly 100,000 more than economists had forecast and the fourth highest month of private-sector payroll growth in two years. In fact, job growth last month was roughly twice as fast as in the previous two months.
The report points to a resilient job market as companies aggressively create jobs on the mainland in the context of President Trump's bold trade and economic agenda.
Private sector employment rose by 209,000 jobs, well above the pre-election 12-month average of 124,000:
- 23,700 jobs in the retail sector.
- 22,900 jobs in transport and warehousing.
- 13 000 jobs in the construction sector.
The number of full-time workers is up a remarkable 459,000 from last month, while labor force participation is up 232,000 as more Americans are looking for work.
American wages are rising, with nominal hourly wages increasing by nearly 4 % over the past year.
During Biden's tenure, nearly three-quarters of new jobs were in government and related fields. Under President Trump, that number dropped to just 42 % in March.
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