The U.S. economy continued to add jobs in March and the pace of job gains picked up at a faster pace than a month ago despite economic uncertainty.

The Labor Department on Friday announced that employers added 228,000 jobs in March, above the estimate of LSEG economists who anticipated 135,000 jobs gained.

The unemployment rate was 4.2%, slightly higher than a month ago and above economists' expectations.

Employers across the U.S. added 228,000 jobs in March, pointing to a labor market that remains resilient despite economic headwinds from President Trump's tariffs and sticky inflation. 

The numbers

Economists expected that employers had hired 130,000 people last month, according to financial data firm FactSet. That compares with a revised 117,000 additions in February, according to financial data firm FactSet. 

Global investors grappled on Thursday with rising chances of an economic downturn and a sprawling trade war, as they scrambled for safe-haven assets to buffer against fallout from U.S. President Donald Trump's sweeping tariffs.

Markets were stunned late on Wednesday when Trump announced Washington's steepest trade barriers in more than 100 years. The move slammed stock markets and the dollar as investors sought safety in assets like bonds and the Japanese yen.

Vice President J.D. Vance touted the implementation of tariffs despite Thursday's massive stock market sell-off, telling Newsmax the Trump administration is "feeling good" while also reassuring one midwestern GOP senator that American farmers are going to be among those who "reap the rewards" in the end.

Vance joined "Rob Schmitt Tonight" to react to the Dow Jones tumbling 1,679 points on Thursday in reaction to President Donald Trump's tariffs. Vance asserted that "one bad day" in the stock market is going to render a "booming market for a long time."

U.S. companies had trillions of dollars in value wiped out Thursday after President Donald Trump slapped sweeping tariffs on foreign imports.

Virtually every sector suffered big losses as U.S. financial markets closed with their biggest one-day drop since COVID-19 flattened the global economy five years ago.

When it comes to the crucial task of gauging the impact of tariffs on inflation, Federal Reserve Chair Jerome Powell has a game plan: Separate the signal from the noise.

The sheer scale and scope of President Donald Trump’s sweeping global levies has made the already difficult task more challenging — and more consequential.

Stellantis NV (STLAM.MI), opens new tab said on Thursday it was temporarily laying off 900 workers at five U.S. facilities after President Donald Trump's tariffs were announced, and temporarily pausing production at an assembly plant in Mexico and one in Canada.

The price of gold soared to an all-time high of $3,150.52 per ounce on Tuesday morning, as investors braced for potential economic fallout from U.S. President Donald Trump's unleashing of sweeping new tariffs, set to be unveiled on April 2.

Gold, a safe-haven asset long regarded as a hedge against financial uncertainty, saw increased demand as markets reacted to Trump's plan to impose "reciprocal" tariffs on all trade partners. He sees current trading terms as broadly unfair to the U.S.

Members of Elon Musk’s cost-cutting Department of Government Efficiency gained access over the weekend to a payroll system that processes salaries for about 276,000 federal employees across dozens of agencies, according to two people familiar with the matter.

The move overruled objections from senior IT staff who feared it could compromise highly sensitive government personnel information, including by making it more vulnerable to terrorist cyberattacks, these people said.

Stocks tumbled in early trading Monday as Wall Street braced for President Trump’s plan to unveil tariffs on “all countries” by midweek.

The Dow Jones Industrial Average was down nearly 400 points, or 1%, at opening. The S&P 500 and Nasdaq were firmly in negative territory, given uncertainty around Mr. Trump’s “liberation day” plan to impose levies on any nation that taxes U.S. goods.