TSP Talk Blog

Jobs report blows past expectations as payrolls boom by 916,000 in March

Nonfarm payrolls rose by 916,000 in March, while the unemployment rate declined to 6%.

The job growth was well ahead of Dow Jones estimates for 675,000 and the fastest since August 2020.

Gains were strongest in leisure and hospitality, while construction soared by 110,000.

Revisions also added 156,000 jobs to the totals for January and February.

https://www.cnbc.com/2021/04/02/us-j...arch-2021.html