Covid-19 in the United States: the economy records the creation of 900,000 jobs in March

The US economy is recording an acceleration in job creations with more than 900,000 created in March.

The sectors that have created the most jobs are leisure, hotels and restaurants, followed by construction (illustrative image).

AFP - OLIVIER DOULIERY

Text by: RFI Follow

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The US economy is recording an acceleration in job creation.

More than 900,000 jobs were created in March in the United States, the highest rate since August 2020. This figure even exceeds analyst forecasts.

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The intensification of the

vaccination campaign in the United States is

starting to bear fruit.

More than 100 million people have already been vaccinated, and at the same time many states are easing health restrictions and starting to reopen, for example, restaurants, cinemas or sports halls. 

Leisure, a sector that creates jobs

The sectors that created the most jobs were leisure, hotels and restaurants, followed by construction.

Result: the unemployment rate fell to 6% in March, very far from the 15% reached in April 2020, but on the other hand, higher than the 3.5% before the start of the health crisis.

Even more dynamic recovery

The US government is now hoping for an even more dynamic recovery in economic activity and faster growth in hiring in the coming months thanks to two essential measures: the acceleration of the vaccination program and the state aid as part of the program. last stimulus package wanted by Joe Biden of 1.9 trillion dollars.

To read: United States: Joe Biden revises upward corporate taxes

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  • United States

  • Economy

  • Employment and Work

  • Coronavirus

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