Hiring slows as economy adds only 88,000 jobs in March
The US economy added only 88,000 jobs in March, according to Friday's Employment Situation Report. The unemployment rate declined to 7.6 percent over the same period.
Today’s Employment Situation Report indicated that in March, net non-farm payrolls increased just 88,000 jobs overall with the private non-farm payrolls sub-component adding just 95,000 jobs while the civilian unemployment rate declined to 7.6% over the same period.Skip to next paragraph
Writer, The PaperEconomy Blog
'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.
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Net private sector jobs increased 0.08% since last month climbing 1.78% above the level seen a year ago but remained 2.02% below the peak level of employment seen in December 2007.
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