Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUS hiring slowed sharply in March; unemployment fell to 8.2 percent.
The recent improvement in the nations job market slowed substantially in March as employers expanded payrolls by 120,000 jobs, the Labor Department reported Friday.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 nations unemployment rate ticked down to 8.2 percent.
The U.S. job market: Where do we stand?:?The Labor Department released a report on Friday that showed that employers added 120,000 jobs in March. The unemployment rate dropped to 8.2 percent as more people stopped looking for work, according to the Associated Press.
....
The extremely high jobless rates that African Americans and Hispanics have endured for years continued last month, with black unemployment at 14 percent and Hispanic joblessness at 10.3 percent, the government reported....The jobs report also showed little change in the plight of workers who have been out of work for six months or more. The number of long-term unemployed was essentially unchanged at 5.3 million, and they account for 42.5 percent of the overall nations jobless population, the report said.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
3 replies, 1019 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (1)
ReplyReply to this post
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
US hiring slowed sharply in March; unemployment fell to 8.2 percent. (Original Post)
woo me with science
Apr 2012
OP
AndyTiedye
(23,500 posts)1. Pre-Election Hiring Freeze to Try to Help the Repigs Win
regnaD kciN
(26,044 posts)2. According to Nate Silver, say hello to President Mittens...
Based on his analysis, Nate posted several months ago that, for Obama to have even a chance of re-election, the economy had to add at least 150,000 new jobs every single month through November. Note he didn't say an average of that many jobs; he said at least that many each month. So, according to his predictions, Romney will become our 45th president next January 20th.
Liberal_in_LA
(44,397 posts)3. turn that frown upside down! I think Obama is still the front runner