Get all your news in one place.
100's of premium titles.
One app.
Start reading
WEKU
WEKU
Business
Scott Horsley

UNCOVERED: Construction boom helps fuel job gains in march - The Untold Story

Hiring accelerated in the U.S. in March, adding 303,000 jobs, according to a report from the Bureau of Labor Statistics. The unemployment rate dipped to 3.8%, staying under 4% for more than two full years. People walk past a Home Depot in San Rafael, Calif. (Justin Sullivan/Getty Images)

Construction companies helped to hammer together another strong month for the U.S. job market.

The Labor Department reported Friday that construction firms added 39,000 jobs in March — a remarkably strong showing in the face of high interest rates. Hiring was also robust in health care, restaurants and local government. The unemployment rate dipped to 3.8%, even as more than 400,000 people joined or rejoined the workforce.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.