The unemployment rate declined marginally in March to 3.8% from February’s 3.9%. The Bureau of Labor Statistics, who provided these findings in their Employment Situation Report, attributed the rate drop to an additional 303,000 jobs created in March. Fluctuations for unemployment rates have been minimal in recent months, ranging between 3.7% and 3.9% since August 2023. The current number of unemployed people in the U.S stands at 6.4 million. The long-term unemployed totals 1.2 million, essentially unchanged from February. The highest job gainers were the health care, government, and construction sectors.

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