comsc US Politics | AMERICAblog News: 162,000 jobs added in March. Unemployment rate still at 9.7%
Join Email List | About us | AMERICAblog Gay
Elections | Economic Crisis | Jobs | TSA | Limbaugh | Fun Stuff

162,000 jobs added in March. Unemployment rate still at 9.7%



| Reddit | Tumblr | Digg | FARK

This is finally movement in the right direction on jobs:

Employers added 162,000 jobs last month, the Labor Department said on Friday, leaving the unemployment rate steady at 9.7 percent for the third straight month. The payrolls increase was the largest since March 2007, and also reflected temporary hiring for the census.

Payroll figures for January were revised to show a 14,000 gain, while February was adjusted to show only a loss of 14,000.

Analysts polled by Reuters had expected non-farm payrolls to rise 190,000 last month and the unemployment rate to hold steady at 9.7 percent. The median projection from the 20 economists who have forecast payrolls most accurately over the past year predicted 200,000 jobs were created in March.


blog comments powered by Disqus