Monthly job creation in the U.S.
November 2020 – March 2026
Biden Administration
Trump Administration
900K
800K
700K
600K
500K
400K
March 2026:
300K
178,000 jobs
200K
100K
0
−100K
2021
2022
2023
2024
2025
2026
Note:
All employees on private nonfarm payrolls, seasonally adjusted
Chart:
Carson Elm-Picard / MS NOW
Source:
U.S. Bureau of Labor Statistics
Data as of April 3, 2026
Monthly job creation in the U.S.
January 2025 – March 2026
200K
March 2026:
178,000 jobs
100K
0
−100K
Jan
Apr
Jul
Oct
Jan
2025
2026
Note:
All employees on private nonfarm payrolls,
seasonally adjusted
Chart:
Carson Elm-Picard / MS NOW
Source:
U.S. Bureau of Labor Statistics
Data as of April 3, 2026