Hiring Jumped in March, Fueled by Vaccines and Federal Aid: Live Updates

The U.S. jobs rebound picked up steam last month, fueled by the accelerating pace of vaccinations and a new injection of federal aid.

Employers added 916,000 jobs in March, up from 416,000 in February and the most since August, the Labor Department said Friday. The unemployment rate fell to 6 percent, down from 6.2 percent in February.

The report came one year after the pandemic ripped a hole in the American labor market. The U.S. economy lost 1.7 million jobs in March 2020 and more than 20 million in April,...