Job Market Adds 241,000 in March

March adds over 200,000 jobs, marking the fifth month in a row that 200,000 jobs or more were created.

Manufacturing added 29,000 jobs, according to the ADP jobs report.

The job market has been anything but slow, with March adding 241,000 jobs, the fifth straight month in a row that job growth has exceeded 200,000.

Reports show that the job market again blew away expectations and grew over 200,000 for the fifth month in a row, largely due to Trump’s trade war with China and the start of his signature tax cuts.

Industries producing goods and services grew in private payrolls by 65,000, and service providers added 175,000 jobs, respectively.

The unemployment rate is also expected to drop to 4% from 4.1%.

Job numbers are looking great for the year of 2018, and from what we can see from the many companies that have invested in our country and the corporate tax cuts passed by the Trump administration last year, it looks as if the economy can only go up from here.

 

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