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The U.S. economy added 431,000 jobs in March.



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President Biden delivered remarks on the March jobs report on Friday.Credit…Sarahbeth Maney/The New York TimesA monthly jobs report showing strong gains in hiring gave Democrats an opportunity to promote the nation’s economic recovery ahead of this year’s midterm elections. But those gains have done little to alleviate Americans’ concerns about inflation, which have dented President Biden’s approval ratings and fueled Republican criticism of his economic policy agenda.U.S. employers added 431,000 jobs in March on a seasonally adjusted basis, according to a Labor Department report released on Friday. The unemployment rate fell to 3.6 percent, only slightly higher than the 3.5 percent unemployment rate in February 2020.Mr. Biden lauded the jobs report on Friday, saying that Americans were returning to work with the type of labor market bargaining power that he called “long overdue.” He pointed to the rise in wages, which increased by 5.6 percent over the last year, saying that it would help rebuild the middle class.“People are making more money. They’re finding better jobs,” Mr. Biden said. “And after decades of being mistreated and paid too little, more and more American workers have real power now to get better wages.”Speaker Nancy Pelosi, who is defendi …

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