Payrolls rise by 916,000, unemployment rate drops to 6.0%

The U.S. economy brought back more jobs than expected in March, presaging even faster employment growth in the coming months as more Americans become vaccinated and jobs across industries return. 

The Department of Labor released its March employment report Friday at 8:30 a.m. ET. Here were the main metrics in the report, compared to consensus estimates compiled by Bloomberg: 

  • Change in non-farm payrolls: +916,000 vs. +660,000 expected and a revised +468,000 in February 

  • Unemployment rate:


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