Employers Add a Surprisingly Robust 303,000 Jobs in March, Signaling Economic Strength Despite Interest Rate Hikes

The job growth bolsters hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates.

AP/Nam Y. Huh, file
A construction project at Mount Prospect, Illinois, February 26, 2024. AP/Nam Y. Huh, file

WASHINGTON — America’s employers delivered another outpouring of jobs in March, adding a sizzling 303,000 employees to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates.

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