U.S. Job Growth Slows in March

Get the WebProNews Newsletter:

[ Business]

Job growth in the United States went down in March with only 110,000 jobs added which is the lowest number since July.

The job market has been one of the slowest sectors of the economy to recover from the latest recession.

According to a BBC article,

“The University of Michigan’s closely-watched measure of consumer confidence dropped to 92.6 in March from 94.1 the previous month.

The slowing rate of job growth was the result of shrinking employment in both retail and manufacturing, while professional services and government employment grew much more slowly than in the month before.

The new figures also trimmed previous months’ job growth, with February dropping almost 20,000 from the 262,000 originally estimated.”

Some economists think that the job market’s poor perfomance comes from caution due to high energy prices.

WebProNews | Breaking eBusiness News
Your source for investigative ebusiness reporting and breaking news.

U.S. Job Growth Slows in March
Comments Off
Top Rated White Papers and Resources

Comments are closed.

  • Join for Access to Our Exclusive Web Tools
  • Sidebar Top
  • Sidebar Middle
  • Sign Up For The Free Newsletter
  • Sidebar Bottom