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U.S. economy added eye-popping 916,000 jobs in March

Apr. 02, 2021 12:31PM EST
 Dan Ackermann

The U.S. economy added a whopping 916,000 jobs last month, while the unemployment rate fell to 6% from 6.2%, the government said on Friday.

Why it matters: The blowout job gains show how vaccines and the economic reopening are juicing the battered labor market.

  • It comes after the economy added 379,000 jobs in February, far outpacing expectations.
  • President Biden signed a $1.9 trillion COVID relief package on March 11, which is expected to add another boost to the recovery.

This story is breaking news. Please check back for updates.

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