Panneau d’embauche dans un magasin Target en Californie

Employment growth in the United States rebounded more than expected in March, thanks to the end of a healthcare professional strike and improved weather conditions, while the unemployment rate slightly declined, according to data released Friday by the Labor Department.

The US government report identified 178,000 non-farm jobs created in the month, compared to an average economist forecast of 60,000 net job creations.

The February figure was significantly revised downward, now showing 133,000 jobs lost compared to the initial estimate of 92,000.

The unemployment rate stood at 4.3% in March, down from 4.4% in February, contrary to expectations of stability.

However, employment risks are increasing due to concerns about the economic impact of the Iran war, whose outcome remains uncertain.

The American labor market has been shaken for some time by uncertainties, starting with the massive tariffs imposed by President Donald Trump on major global economies in the spring of 2025.

The military operation launched by the United States and Israel against Iran at the end of February added to recent turbulences, causing a surge in global oil prices and an increase in gasoline prices in the American market.

Economists believe that this war adds another layer of uncertainty for businesses, and the labor market is expected to feel the consequences during the current second quarter.

The rise in energy prices could lead to overall inflation and erosion of household purchasing power, slowing spending and potentially harming business activity.

About the authors:

Written by Lucia Mutikani, edited by Diana Mandiña, reviewed by Augustin Turpin.