Posted by EDI Staffing on April 11, 2025
March’s market showed stronger growth compared to February, with employment gains picking up across a few key industries. Wage growth remained steady, and labor force participation held firm.
Here’s a summary of the latest employment data from the BLS Employment Situation Summary released on Friday, April 4, 2025:
The unemployment rate edged up to 4.2%, with 7.1 million people unemployed. The rate has remained in a narrow range of 4.0% to 4.2% since May 2024.
Total nonfarm payroll employment rose by 228,000 in March, exceeding the prior 12-month average of 158,000 jobs added per month.
The labor force participation rate showed little movement, remaining consistent with previous months.
Average hourly earnings increased by $0.09 (0.3%) to $36.00. Over the past year, wages have grown by 3.8%.
The average workweek held steady at 34.2 hours.
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This summary provides a snapshot of the March job market. For more detailed data, visit the Bureau of Labor Statistics (BLS) website.
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