The March jobs report is in—and its defying expectations. While economists predicted a modest gain of 140,000 jobs, the U.S. economy added a surprising 228,000 positions, signaling continued strength in the labor market. But there's more beneath the surface. Unemployment is creeping up, previous months were revised downward, and the Federal Reserve is keeping a close eye on rising tariffs.
In this episode, Kathy Fettke breaks down what the latest employment data means for the economy, interest rates, and real estate investors. You'll learn which sectors saw the biggest gains, what's happening with wage growth, and how these developments could impact the housing market and Fed policy.
00:00 March Jobs Report
00:33 JP Morgan Article
01:18 Sectors with Growth
01:58 Unemployment Rate
02:17 Wages
02:40 Fed Action?
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Source: https://www.jpmorgan.com/insights/outlook/economic-outlook/jobs-report-march-2025
