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President biden celebrated another month of strong job growth today. the u.s. added 431,000 jobs in march. and the unemployment rate dipped to a new pandemic low of 3.6%. >> now the economy is approaching where it was in february of 2020. but rising inflation and higher prices continue to cause concerns and pains for consumers. cnn's kaitlan collins is at the white house for us. so kaitlan, what is president biden saying about this jobs report and what it means for the economy. >> reporter: well, of course he's touting this report, 431,000 jobs added, as the hiring spree is continuing and of c...

About it as the commander-in-chief and the leader of the west. >> bret: speaking of the u.s. here. a jobs report out today, and being touted by the president. 431,000 jobs added, unemployment rate down to 3.6%. big picture good, solid economy. obviously, juan, inflation still a major concern for families and for the federal reserve. >> correct. so you don't need any rose colored glasses as you say it's a very good report. but looking to the future. it looks a little bit cloudy because of inflation as you said, gas prices still an issue, and supply chain disruptions because the war goes on. >> ...

Report forecasts a big jump in prices in poultry, dairy items, and eggs. as gas prices also stubbornly hover above $4 a gallon. >> could come down fairly significantly. >> reporter: president biden this week announced plans to at that point nation's strategic petroleum reserve to bring down prices. the white house is celebrating a blockbuster jobs reporter showing not only 431,000 new jobs last month, but fatter paychecks across america, wages up more than 5% from last year. >> even though we create aid record number of jobs, we know-- i know-- that this job is not finished. we need to do more...

The job market is red hot. employers added 431,000 jobs in march, and the unemployment rate is at a pandemic low, 3.6%. but president biden acknowledged battling inflation is a big battle. >> more and more americans get jobs, it will help ease supply pressures we've seen, and that's good news for fighting inflation, good news for our economy, and it means our economy has gone from being on the mend to being on the move. >> all right. cnn's nadia mow rare mow spoke with one small business owner that says they're feeling the crunch. >> reporter: every step of the baking process now costs more. >...

Investigators seek answers when a prosecutor and a district attorney and his wife are murdered within a couple of months of each other.