March's Jobs Report and What it Means for NYC
The Brian Lehrer Show
WNYC
4.6 • 1.5K Ratings
🗓️ 3 April 2026
⏱️ 44 minutes
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| 0:00.0 | It's the Brian Lera Show on WNYC. Good morning, everyone. Last month, we did a segment on the |
| 0:16.7 | historically bad job market for new college graduates this spring and mentioned the alarming |
| 0:22.2 | decline in the number of total jobs in the United States in the February jobs report from the |
| 0:28.2 | Labor Department. We said we would do another segment today when the March numbers came out. Well, |
| 0:33.4 | they did at 8.30 this morning, as usual, on the first Friday of the month for the month before. |
| 0:39.4 | Even on Good Friday, they came out for the month before. And the news was pretty good. The |
| 0:44.8 | going predictions had been for about 60,000 new jobs. The actual number was more like |
| 0:51.4 | 170, 170, to emphasize that, or 180,000 new jobs compared to the 60,000 |
| 1:00.3 | predicted. |
| 1:01.6 | Not everything was good. |
| 1:03.8 | I'm seeing that the national picture for February, we learned this morning, was actually |
| 1:08.3 | worse than first reported. |
| 1:10.4 | That's true of the job numbers for New York City in 2025 as a whole. |
| 1:16.5 | So we'll get into the national and the local picture with us to get further into the weeds. |
| 1:22.1 | Then that top number, what sectors, what parts of the country, do things look any better for |
| 1:27.3 | college seniors, the effective tariffs and the Iran war, what parts of the country, do things look any better for college seniors, |
| 1:28.3 | the effect of tariffs and the Iran war, and questions I'm not even thinking to ask because |
| 1:33.1 | he knows this field a lot better than I do, is Greg David, contributor to the news organization |
| 1:38.5 | the city and director of the Business and Economics Reporting Program at the Craig Newmark |
| 1:43.3 | Graduate School of Journalism |
| 1:44.8 | at CUNY. Hi, Greg, thanks for coming on with us for some first blush takes on the jobs report. |
| 1:50.3 | Welcome back to WNYC. Well, thank you, Brian. I'm really immersed in this because my fall class at the |
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