US NFP employment grew 431k, unemployment rate dropped to 3.6%

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US NFP employment grew 431k, unemployment rate dropped to 3.6%

US non-farm payroll employment grew 431k in March, lower than expectation of 488k. Overall job growth averaged 562k per month in Q1, the same as the average monthly gain for 2021. Employment was still down by -1.6m, or -1.0%, from its prepandemic level in February 2020. Unemployment rate dropped from 3.8% to 3.6%, better than […]

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Source: US NFP employment grew 431k, unemployment rate dropped to 3.6%