construction jobs
March job growth less than expectedPosted by RJ and Makay on Apr 06, 2012 |
>> Read More RJ & Makay Blog Posts
The U.S. economy added 120,000 non-farm payroll jobs in March and the unemployment rate ticked down to 8.2%, the Labor Department said today. The increase was less than the mean forecast by Bloomberg News Survey, which called for a 205,000 rise in job numbers. The private sector added 121,000 last month, compared to 233,000 in February. Government payrolls declined by 1,000.
Non-farm payrolls were unchanged in August as the U.S. economy failed to add jobs for the first time in 11 months, according to the Labor Department. The stagnant performance in was down sharply from a revised 85,000 gain in July jobs, and below economist’s consensus August forecasts of 60,000 new jobs. The unemployment rate also remained unchanged at 9.1%.
The U.S. economy added only 18,000 jobs in June as sluggish job gains put a damper on the slow economic recovery for the second month in a row. The number fell far short of 105,000 jobs that economists had predicted for the month. The unemployment rate rose to 9.2% from 9.1% the previous month.
