US Employers Add 303,000 Jobs in 39th Consecutive Month of Growth Employers in the US added 303,000 jobs in March, marking the 39th consecutive month of job growth. The unemployment rate dropped to 3.8%, down from 3.9% in February. Expectations of a recession have become rare due to the strong job market. The private sector added 232,000 jobs, with gains in construction and the hospitality industry. President Biden hailed the report as a milestone and emphasized the creation of 15 million jobs since he took office. Despite concerns about inflation and interest rates, the overall labor market remains robust. Some sectors, such as professional and business services, finance, and information, have shown soft employment growth, indicating a shift in hiring patterns. Lower-wage earners are experiencing a job market with less aggressive growth than in recent years. Despite concerns, the economy is in a healthy overall state.