The stunning gain came a week after the White House warned that the numbers could be low due to the pandemic. Nonfarm payrolls surged by 467,000 for the month, while the unemployment rate edged higher to 4%, according to the Bureau of Labor Statistics . The Dow Jones estimate was for payroll growth of 150,000 and a 3.9% unemployment rate. The revisions came as part of the annual adjustments from the BLS that saw sizeable changes for many of the months in 2021. There was more good jobs news: The labor force participation rate rose to 62.2%, a 0.3 percentage point gain.
