The recent improvement in the nation’s job market slowed substantially in March as employers expanded payrolls by 120,000 jobs, the Labor Department reported Friday.Read the rest here.
The number of new jobs fell far below economists’ estimates and marked the first time since November that employers added fewer than 200,000 jobs. Despite the disappointing numbers, the nation’s unemployment rate ticked down to 8.2 percent.
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7 hours ago
4 comments:
I'm sure the unemployment rate will be right down to 2.2%, just in time for the November selection.
Oh, but the number of federal, state and municipal employees just keeps going up and up.
Actually most states and municipalities have been cutting employees, sometimes sharply. Very few are actually adding net jobs.
And as I've commented before, there are a lot of people like me who have exhausted their benefits, given up looking and/or started drawing Social Security (too early!) and are no longer counted among the "unemployed."
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