5m agoBeyond a strong headline numbers, the details show broad-based hiring in March. That’s set to offer some reassurances that the US economy is holding up despite the upcoming tariff shock. Most categories posted an increase, with the exception of mining and information, which houses the telecom and publishing industries. The uptick in leisure and hospitality indicates a rebound from weather-related weakness in the prior months. Government also posed an increase, but Bloomberg Economics notes the DOGE layoffs won’t be showing up until later in the year.

Trade and transportation was strong too, perhaps related to tariff frontrunning. Improved activity in this sector is also corroborated by a rebound in truckload rates, which have been notably slipping at the start of the year.

All in all, the report just confirms that the hard data remains resilient despite souring sentiment. That offers some comfort that the economy remains in a strong place to weather whatever comes next with tariffs.

Tatiana DarieMarkets Live Strategist, New York