ExclusiveUS Economy Added 228,000 Jobs in March

US non-farm payrolls increased by 228,000 last month, after a downwardly revised 117,000 rise in February, the Labour Department said in its closely watched Employment Report on Friday. The unemployment rate rose to 4.2% from 4.1% in February. The labour market is being underpinned by low layoffs, generating solid wage gains that are helping to sustain the economic expansion. Healthcare, social assistance, transportation and warehousing, and retail recorded the most job gains. President Donald Trump unveiled on Wednesday a 10% minimum tariff on most goods imported into the US, unleashing threats of retaliation and rattling global financial markets. They expect the effects of the reciprocal tariffs could be evident as soon as with April's Employment Report.