April 2, 2021

March jobs report: economy added 916,000 jobs, unemployment rate down to 6 percent – The Washington Post

March jobs report: economy added 916,000 jobs, unemployment rate down to 6 percent - The Washington Post 1

The U.S. economy added 916,000 jobs last month, as vaccine distribution improved, Congress approved a $1.9 trillion stimulus package and states across the country lifted restrictions on businesses.

The unemployment rate edged down to 6 percent from 6.2 percent in February, according to the monthly report, from the Bureau of Labor Statistics.

The report comes a year after the pandemic threw the U.S. economy into a tailspin.

The labor market recovered about 12 million of the 22 million jobs lost in the first two months of the pandemic by October. But pace of the recovery had slowed drastically by then, churning sluggishly through winter as the virus surged through the holidays and into the New Year.

Source: March jobs report: economy added 916,000 jobs, unemployment rate down to 6 percent – The Washington Post

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