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March 2022 Jobs Report Shows More COVID Pandemic Recovery

April 4, 2022 by Bautis Financial

The March jobs report is out. Here's where it puts us in terms of economic recovery to pre-pandemic levels.


The US economy added 431,000 jobs in March, bringing the unemployment rate down to 3.5%. Leisure and Hospitality sectors once again led the job gains, adding a combined 161,000 positions.

The March numbers bring the economy just inches away from pre-pandemic unemployment levels.

Overall, the United States has recouped 20.4 million of the 22 million jobs lost in the early parts of the COVID-19 pandemic. Experts suggest that the gap that remains could be closed by this summer.

Though experts do suggest there are some factors at plat that could slow progress towards a full recovery. They include a rising inflation rate and the Russia and Ukraine war, which has resulted in market volatility.

Category: Finance News, VideosTag: Jobs Report, March 2022 Jobs Report
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