The U.S. economy added 916,000 jobs in March as recovery gains steam again [View all]
Source: Washington Post
The U.S. economy added 916,000 jobs in March, the highest level in months, as vaccine distribution and declining caseloads helped accelerate a recovery in the labor market.
The unemployment rate edged down to 6 percent from 6.2 percent in February.
The labor market recovered about 12 million of the 22 million jobs lost in the first two months of the pandemic by October, but until Friday's report, the pace of the recovery had slowed greatly, as the virus surged through the holidays and into the New Year.
But the March data is yet another reason for optimism, as coronavirus vaccines become more accessible throughout the country and caseloads remain well below their peaks.
Read more: https://www.washingtonpost.com/business/2021/04/02/march-jobs-report-unemployment-stimulus/
Computer was moving slow this morning but posted.
Our DU economic analysts should be along shortly with the deep dives.
TGIF!
Link to tweet
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@BLS_gov
Payroll employment rises by 916,000 in March; unemployment rate edges down to 6.0% http://go.usa.gov/vrK #JobsReport #BLSdata
8:30 AM · Apr 2, 2021
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