Economy Gains 431,000 Jobs in March; Unemployment Falls to 3.6%

Economy Gains 431,000 Jobs in March; Unemployment Falls to 3.6%


The U.S. economy gained 431,000 jobs in March, and the unemployment rate dropped to 3.6%, according to figures released Friday morning by the U.S. Bureau of Labor Statistics. Continuing strong job creation numbers are a clear sign that the worker-friendly policies implemented by President Biden are having a positive impact on working people.

In response to the March job numbers, AFL-CIO Chief Economist William Spriggs tweeted:

Last month’s biggest job gains were in leisure and hospitality (+112,000), professional and business services (+102,000), retail trade (+49,000), manufacturing (+38,000), social assistance (+25,000), construction (+19,000), financial activities (+16,000) and health care (+8,000). Employment showed little change over the month in transportation and warehousing, mining, wholesale trade, information, other services and government.

Among the major worker groups, the unemployment rate for adult women (3.3%) declined in March. The jobless rates for teenagers (10%), Black Americans (6.2%), Hispanics (4.2%), adult men (3.4%), White Americans (3.2%) and Asian Americans (2.8%) showed little change over the month.

The number of long-term unemployed workers (those jobless for 27 weeks or more) decreased in March and accounted for 23.9% of the total unemployed.

Kenneth Quinnell
Mon, 04/04/2022 – 10:39

Updated: April 13, 2022 — 2:14 am