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U.S. Jobs Report Blows Past Expectations as Payrolls Boom by 916,000 in March
Monday, April 5, 2021
Vancouver, BC, April 5, 2021--Job growth boomed in March at the fastest pace since last summer, as stronger economic growth and an aggressive vaccination effort contributed to a surge in hospitality and construction jobs, the Labor Department reported Friday. Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%. Economists surveyed by Dow Jones had been looking for an increase of 675,000 and an unemployment rate of 6%.
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