ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Economy

228,000 jobs added in March, unemployment at 4.2%

April 4, 2025
Reading Time: 2 mins read
272,000 jobs added in May, unemployment rate edged up to 4.0%

Total nonfarm payroll employment increased by 228,000 in March, and the unemployment rate edged up to 4.2%, the U.S. Bureau of Labor Statistics reported.

Job gains occurred in health care, in social assistance, and in transportation and warehousing. Employment also increased in retail trade, partially reflecting the return of workers from a strike. Federal government employment declined.

Health care added 54,000 jobs in March, in line with the average monthly gain of 52,000 over the prior 12 months. Over the month, employment continued to trend up in ambulatory health care services (+20,000), hospitals (+17,000), and nursing and residential care facilities (+17,000).

In March, employment in social assistance increased by 24,000, higher than the average monthly gain of 19,000 over the prior 12 months. Over the month, individual and family services added 22,000 jobs.

Retail trade added 24,000 jobs in March, as workers returning from a strike contributed to a job gain in food and beverage retailers (+21,000). General merchandise retailers lost 5,000 jobs. Employment in retail trade changed little over the year.

Employment in transportation and warehousing rose by 23,000 in March, about double the prior 12- month average gain of 12,000. In March, job gains in couriers and messengers (+16,000) and truck transportation (+10,000) were partially offset by a job loss in warehousing and storage (-9,000).

Within government, federal government employment declined by 4,000 in March.

In March, average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents, or 0.3%, to $36.00. Over the past 12 months, average hourly earnings have increased by 3.8%. The change in total nonfarm payroll employment for January was revised down by 14,000, from +125,000 to +111,000, and the change for February was revised down by 34,000, from +151,000 to +117,000. With these revisions, employment in January and February combined is 48,000 lower than previously reported.

 

Read the BLS release.

Tags: Nonfarm jobs
ShareTweetPin

Related Posts

ABA DataBank: Home purchase cancellations near record highs

ABA DataBank: Home purchase cancellations near record highs

Economy
October 23, 2026

Home purchase cancellations rose to 14.5% of pending sales in September, the highest rate on record outside the early months of the pandemic.

Consumer Sentiment declined in April

Final: Consumer sentiment decreased slightly in October

Economy
October 23, 2026

Consumer sentiment decreased 0.2% month-over-month in October to 48, and was down 10.4% from one year ago, according to final results of the University of Michigan Surveys of Consumers.

ABA, associations thank lawmakers in four states for supporting economic growth

ABA, associations thank lawmakers in four states for supporting economic growth

Newsbytes
October 23, 2026

ABA joined state bankers associations in Illinois, Texas, California and Missouri in debuting ads thanking House lawmakers in each for supporting policies that help families and small businesses.

Poll: Growing deposits top priority for midsize banks in 2023

The real value of bank deposits goes beyond yield

Economy
October 22, 2026

Bank deposits deliver different — and more — value than stablecoins do. Comparing them on only one dimension obscures the picture.

Mortgage rates continue drop 

Mortgage rates dip after seven weeks of gains

Economy
October 22, 2026

The 15-year fixed-rate mortgage also declined, to 6.68% from 6.71% last week, compared with 5.44% one year ago.

ABA’s mortgage advocacy update: Oct. 30

ABA to livestream portions of annual convention general sessions

Newsbytes
October 22, 2026

The convention will open with remarks from ABA President and CEO Rob Nichols, who will outline  the association’s priorities for the year ahead and look ahead to the midterm election

NEWSBYTES

ABA DataBank: Home purchase cancellations near record highs

October 23, 2026

Final: Consumer sentiment decreased slightly in October

October 23, 2026

ABA, associations thank lawmakers in four states for supporting economic growth

October 23, 2026

SPONSORED CONTENT

The Shift from Demographic Marketing

The Shift from Demographic Marketing

October 1, 2026
Meeting Ag Lending Goals Without Going It Alone

Meeting Ag Lending Goals Without Going It Alone

October 1, 2026
Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

September 17, 2026
Banking Technology at a Strategic Crossroads

Banking Technology at a Strategic Crossroads

September 8, 2026

PODCASTS

Podcast: Proactively managing the core provider relationship

October 22, 2026

Podcast: How community banks can keep farmers farming in turbulent times

October 14, 2026

Podcast: The birth of American money and how it triggered a revolution

October 8, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.