The Ministry of Labor stated on Friday that job growth was stronger than expected in March, which provides at least temporary reassurance that the labor market is stable, according to the Ministry of Labor on Friday.

Non -agricultural salary statements 228,000 for this month increased, up from 117,000 reviews in February and better than Dow Jones for 140,000, according to the Labor Statistics Office.

However, the unemployment rate increased to 4.2 %, which is higher than expectations by 4.1 % with an increase in the workforce sharing rate.

Although the main address number estimates, the report comes against a very unconfirmed background after that Announcing President Donald Trump’s tariff This week has increased fears of a global trade war that may harm economic growth.

Shares It was a little reaction to the reportWith future contracts with the Dow Jones industrial average of its lowest levels, but it remains a decrease of more than 900 points while the cabinet revenues were sharply negative.

“The best job report is expected today to reduce fears of immediate softening in the American labor market,” said Lindsay Rosner, head of the fixed income department in the fixed income field in Goldman Sachs. “However, this number has become a side dish as the market focuses only on Entrée: Definitions.”

Trump It announced a fixed duty of 10 % against all commercial partners, along with a large list of alleged mutual definitions that have already sparked revenge on China and others. Wall Street has been in a strong sale position during the past two days, with shares drop and investors flow on the integrity of fixed income.

in Spread the social truth“Great business numbers, much better than expected. It is already working. Hanging strongly, we cannot lose !!!”

Previous indicators have shown that the labor market is escalating, but customs tariff movements raise the possibility that companies retract employment because they evaluate the shape of the new trade scene.

March numbers, though, referred to the labor market, which is still strong, although the charges of January and February have witnessed great declining reviews. In addition to reducing 34,000 from the initial number of February, January growth now is only 111,000, a decrease of 14,000 of the previous estimate.

The average profits per hour increased by 0.3 % per month, in line with expectations, while the annual average of 3.8 % was 0.1 Celsius less than estimate and the lowest level since July 2024. The average work week has not changed at 34.2 hours.

In March, health care was the leading growth area, consistent with the previous months. The industry added 54,000 jobs, almost completely with an average of 12 months. Other growth areas included social assistance and retail trade, which both added 24,000, while transportation and storage showed 23,000.

Federal government jobs decreased by only 4000, though Elon MuskThe efforts made by the so -called government of government competence to calm the federal workforce. However, BLS noted that the workers at the end of the paid period or leave are calculated as workers. Thursday report From Challenger, Gray & Christmas indicated that DOGE’s workers’ layoffs have reached a total of more than 275,000 so far.

“While Friday jobs report showed that the economy still adds jobs even with uncertainty and federal job discounts, the data seems backward and does not say anything about how employers excessively over the coming months,” said Glin Smith, the chief investment official of GDS Wealth Management.

The broader unemployment index, which includes those who are not looking for work in addition to workers who have part-time jobs for economic reasons-less than work-less to 7.9 %.

The wiping of families, which is used to determine the unemployment rate, was closely in line with the number of institutions of the institution, as it showed a gain of 201,000 workers. Moreover, the full -time workers increased by 459,000, while the hunters decreased by 44,000.

Get your ticket to Pro Live

Join us on the New York Stock Exchange!
Unconfirmed markets? Gain edge with CNBC Pro LiveAn exclusive event, the opening on the historic New York Stock Exchange.

In the dynamic financial scene today, access to expert visions is very important. As a subscriber in CNBC Pro, We invite you To join us for The first exclusive event, CNBC Pro Live at The Iconic Nyse on Thursday, June 12.

Join Proactive clinics led by our positives Carter Worth and Niles and Dan Eve, With a special version of Pro conversations with Tom Lee. You will also get an opportunity to communicate with CNBC experts, talents and other subscribers within an exciting cocktail watch on the legendary trading floor. Tickets are limited!