U.S. Unemployment Rate Drops To 3.6%

The U.S. sees unemployment drop to a new historical level of 3.6 percent in March with the addition of 431,000 jobs.

This new gain speaks to the strength of the country’s economy as it comes amid the COVID-19 plague, Russia’s war against Ukraine, and the highest inflation in 40 years.

It is the lowest rate since the pandemic erupted two years ago and just above the half-century low of 3.5% that was reached two years ago.

“Americans are back to work. And that’s good news for millions of families who have a little more breathing room and the dignity that comes from earning a paycheck, just the dignity of having a job,” Biden said in remarks from the White House.

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Edited by Jesus Chan

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