America added 431,000 jobs in March, bringing the unemployment rate to a new pandemic low
Apr 1, 2022, 6:40 AM
Muhammad Rahman delivers orders at Gotham restaurant on Tuesday, Dec. 14, 2021, in New York. When COVID-19 tore through the United States in March 2020, the recession it caused was brutal yet brief. Yet for much of 2021, the recovery was undermined by new threats: A surge in inflation that shrank the value of paychecks, hurt the least advantaged Americans most and posed a political threat to President Joe Biden and Democrats in Congress. (AP Photo/Brittainy Newman)
(AP Photo/Brittainy Newman)
(CNN) — The US economy added 431,000 jobs in March, bringing the unemployment rate to a new pandemic-era low of 3.6%, the Bureau of Labor Statistics reported Friday.
The job gains were lower than economists had expected, but still rounded up a strong first quarter for the US labor market.
This is a developing story. It will be updated
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