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US economy added a whopping 303,000 jobs last month, far outpacing expectations


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WWW.CNN.COM

The March jobs report showed the US economy added 303,000 positions and the unemployment rate fell to 3.8%. That far surpasses expectations for 205,000 jobs to be added and underscores the ongoing resilience of the US labor market.

 

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The total far surpasses economists’ expectations: Economists had projected a net gain of 205,000 jobs for the month; and for the jobless rate to fall from 3.9% to 3.8%, according to FactSet consensus estimates.

 

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