March’s U.S. Jobs Report: Total, +431,000; Construction, +19,000

As reported by the Bureau of Labor Statistics in its latest Employment Situation report, the total number of jobs in the United States rose by +431,000 in March. While that’s a wonderfully large number, it should be noted that it’s lower than the gain in any month since September of last year. (The monthly average increase, October 2021 to February 2022, was +633,000 jobs.)

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