{"id":563426,"date":"2026-04-04T04:15:10","date_gmt":"2026-04-04T04:15:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/563426\/"},"modified":"2026-04-04T04:15:10","modified_gmt":"2026-04-04T04:15:10","slug":"trump-credits-tariffs-as-us-adds-178k-jobs-and-unemployment-falls-in-march","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/563426\/","title":{"rendered":"Trump credits tariffs as US adds 178K jobs and unemployment falls in March"},"content":{"rendered":"\n<p>Federal Reserve Bank of San Francisco president Mary Daly analyzes the March jobs report, the impact of the Iran conflict on inflation and more on \u2018Maria Bartiromo\u2019s Wall Street.\u2019<\/p>\n<p>President <a href=\"https:\/\/www.foxnews.com\/category\/person\/donald-trump\" target=\"_blank\" rel=\"noopener nofollow\">Donald Trump<\/a> on Friday touted the unexpectedly high March jobs report following job losses in February.<\/p>\n<p>&#8220;A very happy and blessed Good Friday to all, especially to the 186,000 Americans who gained Private Sector jobs in the month of March alone!&#8221; the president wrote on Friday. &#8220;My Economic Policies have created an enormously powerful engine of Economic Growth, and nothing can slow it down.&#8221;<\/p>\n<p>Trump added that &#8220;Factory Construction Jobs are soaring as a result of the rapid Onshoring and surging Investment that TARIFFS have generated, all while the Trade Deficit has shrunk by 52% in a year!&#8221;<\/p>\n<p>The U.S. added <a href=\"https:\/\/www.foxnews.com\/category\/us\/economy\/jobs\" target=\"_blank\" rel=\"noopener nofollow\">178,000 jobs in March<\/a>, which includes 8,000 government job losses, according to the Bureau of Labor Statistics.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/liz-peek-trumps-economic-wins-real-now-he-needs-convince-country\" target=\"_blank\" rel=\"noopener nofollow\">LIZ PEEK: TRUMP\u2019S ECONOMIC WINS ARE REAL \u2014 NOW HE NEEDS TO CONVINCE THE COUNTRY<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/04\/job-hiring-sign.jpg\" alt=\"Jobs hiring sign\"\/> <\/p>\n<p>President Donald Trump on Friday touted the unexpectedly high March jobs report following job losses in February.\u00a0 (AP Photo\/LM Otero \/ Associated Press)<\/p>\n<p>The figure is about three times what most economists forecast.<\/p>\n<p>The gains come after the country lost 133,000 jobs in February.<\/p>\n<p>Unemployment also dipped from 4.4% in February to 4.3% in March while the percentage of adults in the labor force dipped to 61.9%, the lowest since November 2021.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/trumps-economic-wins-cancel-out-bidens-losses-latest-jobs-report\" target=\"_blank\" rel=\"noopener nofollow\">TRUMP\u2019S ECONOMIC WINS CANCEL OUT BIDEN\u2019S LOSSES IN LATEST JOBS REPORT<\/a><\/p>\n<p>Revisions were made to the payroll numbers for the prior two months, with January&#8217;s report revised up by 34,000 jobs from a gain of 126,000 to 160,000; while February&#8217;s report was revised down by 41,000 jobs from a loss of 92,000 to 133,000.<\/p>\n<p>Taken together, employment in January and February was 7,000 jobs lower than previously reported.<\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/04\/trump-speaking4.jpg\" alt=\"Trump speaking\"\/> <\/p>\n<p>President Donald Trump credited his economic policies for the positive March jobs report.\u00a0 (Chip Somodevilla\/Getty Images \/ Getty Images)<\/p>\n<p>It\u2019s not clear how <a href=\"https:\/\/www.foxnews.com\/opinion\/iran-war-jeopardizes-trump-economic-boom-before-key-midterm-elections\" target=\"_blank\" rel=\"noopener nofollow\">the war in Iran<\/a> will affect job numbers going forward as some economists say the March numbers may not fully reflect the new conflict in the Middle East.<\/p>\n<p>&#8220;The data is mostly backward-looking, and likely does not incorporate any impact from the recent rise in energy prices, or other risks related to the\u00a0<a href=\"https:\/\/apnews.com\/live\/iran-war-israel-trump-04-03-2026\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">war in Iran<\/a>,&#8221; Thomas Simons, chief U.S. economist with the investment firm Jefferies, wrote in a commentary.<\/p>\n<p>The <a href=\"https:\/\/www.foxnews.com\/category\/health-care\" target=\"_blank\" rel=\"noopener nofollow\">health care sector<\/a> led the March job gains, with 76,400 new jobs following the end of a Kaiser Permanente strike in February, as employees returned to work.<\/p>\n<p>&#8220;This year will most likely be a year of shifting labor dynamics as <a href=\"https:\/\/www.foxnews.com\/category\/tech\/artificial-intelligence\" target=\"_blank\" rel=\"noopener nofollow\">artificial intelligence<\/a> upends the job market, especially for low-skilled roles. We continue to see healthy job opportunities for workers with experience,&#8221; said Jeffrey Roach, chief economist for LPL Financial.<\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/04\/kaiser-permanente-workers-on-strike-in-february.jpg\" alt=\"Kaiser workers on strike\"\/> <\/p>\n<p>Kaiser Permanente workers on strike in February.\u00a0 (Mindy Schauer\/MediaNewsGroup\/Orange County Register via Getty Images \/ Getty Images)<\/p>\n<p><a href=\"https:\/\/foxnews.onelink.me\/xLDS?pid=AppArticleLink&amp;af_dp=foxnewsaf%3A%2F%2F&amp;af_web_dp=https%3A%2F%2Fwww.foxnews.com%2Fapps-products\" target=\"_blank\" rel=\"noopener nofollow\">CLICK HERE TO DOWNLOAD THE FOX NEWS APP<\/a><\/p>\n<p>\u00a0&#8220;Average hourly earnings rose 3.5% from a year ago, giving consumers enough buying power to overcome <a href=\"https:\/\/www.foxnews.com\/category\/us\/economy\/inflation\" target=\"_blank\" rel=\"noopener nofollow\">nagging inflation<\/a>. This update on the job market gives the Federal Reserve more time to wait for inflation to decelerate before taking action,&#8221; Roach added.<\/p>\n<p>The latest jobs data did little to shift the market&#8217;s expectation that the\u00a0<a href=\"https:\/\/www.foxbusiness.com\/category\/the-fed\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Federal Reserve<\/a>\u00a0is likely to leave interest rates unchanged for the foreseeable future.<\/p>\n<p>Fox Business&#8217; Eric Revell and The Associated Press contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Federal Reserve Bank of San Francisco president Mary Daly analyzes the March jobs report, the impact of the&hellip;\n","protected":false},"author":2,"featured_media":563427,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-563426","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/563426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=563426"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/563426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/563427"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=563426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=563426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=563426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}