The U.S. economy added 236,000 jobs in March, down from 326,000 the prior month. The
employment rate fell to 3.5% from 3.6% reported in February, and the
Labor force participation rate rose to its highest level since before
the COVID-19 pandemic, at 62.6%
- The Leisure and hospitality sector led job growth in March, adding 72,000 jobs.
- Health care and social assistance added 50,800 jobs, and Government added 47,000 jobs.
- Professional and business services added 39,000 jobs, and Transportation and warehousing added 10,400 jobs.
- The
stock market was closed on Friday in observance of Good Friday.
However, futures and Treasury yields rose following the report.
