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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 C...
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)
Originally Published: 01 APR 22 06:52 ET
Updated: 01 APR 22 08:32 ET

    (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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America added 431,000 jobs in March, bringing the unemployment rate to a new pandemic low