America’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Federal Reserve has imposed over the past year in its drive to tame inflation. The unemployment rate fell to 3.5%, just above the 53-year low of 3.4% set in January. Last month’s job gain marked a moderation from the sizzling 326,000 that were added in February.
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US Economy Adds 236,000 Jobs Despite Fed's Rate Hikes
![US Economy Adds 236,000 Jobs Despite Fed's Rate Hikes]()
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April 07, 2023
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