Labor market strengthened in March with 431,000 new jobs and 3.6% unemployment

[mystery-ak]

Labor market strengthened in March with 431,000 new jobs and 3.6% unemployment
by Zachary Halaschak, Economics Reporter |
 | April 01, 2022 08:31 AM

The economy added 431,000 jobs in March and unemployment fell to pre-pandemic rates, signaling that the labor market is hot.

The headline job growth number in Friday's employment report from the Bureau of Labor Statistics fell slightly short of expectations, but other details of the report showed underlying momentum — especially the 3.6% unemployment rate, the lowest since February 2020, the last month before pandemic shutdowns began.

Friday's report also revised the employment gains for February and January, which now look very strong. The economy added 1.7 million jobs in the first quarter, defying expectations that the omicron variant of COVID-19 would cause a pullback in the job market.

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https://www.washingtonexaminer.com/policy/economy/economy-added-431-000-new-jobs-in-march

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"New jobs" are not new at all. They are simply jobs that were shut down or eliminated by Fauci and his followers in the Democrat Party Schutzstaffel. Also, almost all of these jobs are temp, part time, and low wage service jobs. A single employee may hold two or three of them.

But it does not really matter how much crap the Democrats and their gimps in the press shovel onto the American people. No amount of fake propaganda can change an empty wallet, and empty kitchen, and an eviction notice.