US economy has added more jobs in March 2021 than was expected


The US economy has added 916,000 jobs last month, much more than was expected. The uneployment rate felt from 6.2% to 6%.

This means that the economy is continuing and accelerating its recovery from the COVID-19 pandemic. Job growth has been seen not only in the service sector but also in other sectors, such as manufacturing.

Data: FRED / Created with amCharts

At the same time, the biggest drop in the unemployment rate is seen among people without higher education. In this group, unemployment fell from 10.1% to 8.2%.

However, employment is still 3.8 million lower than before the pandemic, which means that the U.S. economy still has some serious room for post-pandemic recovery.


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