Unemployment rate dips to 6.7% as employers add 245,000 jobs last month

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courtneyk/iStockBy CATHERINE THORBECKE, ABC News

(WASHINGTON) — U.S. employers added 245,000 jobs last month and the unemployment rate slipped to 6.7%, the Department of Labor said Friday.

The fresh economic data shows the labor market clawing its way out of the pandemic-induced downturn, but still far away from a full recovery. The unemployment rate in the U.S. was 3.5% in February before the crisis hit.

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Stocks fall on 1st day of government shutdown

Matteo Colombo/Getty Images (NEW YORK) — Stocks dropped in early trading on Wednesday, just hours after a government shutdown began, shuttering some government services and complicating a delicate moment for the nation’s economy. The Dow Jones Industrial