The U.S. economy added 431,000 jobs in March – slightly below expectations – while the unemployment rate dipped to 3.6%, according to the U.S. Bureau of Labor Statistics.
Notable job gains continued in leisure and hospitality, professional and business services, retail trade, and manufacturing.
The number of unemployed persons decreased by 318,000 to 6.0 million.
The job gains bring the labor market back to almost where it was pre-pandemic. In February 2020, prior to