US added 916,000 jobs in March, unemployment rate falls ...United Arab Emirates

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US added 916,000 jobs in March, unemployment rate falls
US employers added the most jobs in seven months with improvement across most industries in March, as more vaccinations and fewer business restrictions supercharged the labor market recovery. Nonfarm payrolls increased by 916,000 last month and February employment was revised up to a 468,000 gain, according to a Labor Department report Friday. The unemployment rate fell to 6%, as the workforce participation rate edged higher. The median estimate in a Bloomberg survey of economists was for a 660,000 gain in payrolls in March. The unemployment rate was projected to fall to 6%. Rising Covid-19 infections had severely restrained the labor market for months, but now more than two million America

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