Employers Boost March Payrolls by 211,000
Employers, in a springtime hiring burst, boosted payrolls by a sizable 211,000 in March and pushed the nation's unemployment rate down to 4.7 percent.
The latest snapshot, released by the Labor Department on Friday, suggested that an accelerating economic expansion is putting companies in the hiring mood, brightening prospects for job seekers.
Hiring gains were fairly widespread. Construction, financial activities, education and health care and government were among the sectors posting payroll gains. That help to blunt job losses in manufacturing and in the transportation industries.
