In March, nonfarm payrolls added 308,000 jobs on net, the largest gain since April 2000. Net employment gains for February and January were revised up a total of 85,000, bringing the first quarter’s average monthly gain to 171,000 jobs, and the total increase since August 2003 to 759,000.
Suggested citation: "Labor Markets," Federal Reserve Bank of Cleveland, Economic Trends, no. 04-04, pp. 12, 04.01.2004.