National Unemployment Rate Drops As Jobs Increase

economy, Inflation, National News

April 14, 2023
Editorial Staff

Staff Writer

On Friday, April 7, the Bureau of Labor Statistics published a report which included preliminary national unemployment numbers for March. The national unemployment rate dropped from 3.6 percent in February to 3.5 percent in March.

As the unemployment rate dropped, the nation added 236,000 new nonfarm jobs, on par with previous monthly gains. The largest gains were seen in the leisure and hospitality (72,000), government (47,000), professional and business services (39,000), health care (34,000), social assistance (17,000), and transportation (10,000) sectors.

The full Bureau of Labor Statistics report can be found here.

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