Friday, 5 April 2013

INQUIRER.net: Dim labor report shows US added just 88K jobs

INQUIRER.net
Philippine News for Filipinos
Dim labor report shows US added just 88K jobs
Apr 5th 2013, 23:14

WASHINGTON— A streak of robust job growth came to a halt in March, signaling that U.S. employers may have grown cautious in a fragile economy.   The gain of 88,000 jobs was the smallest in nine months. Even a decline in unemployment to a four-year low of 7.6 percent was nothing to cheer: It fell only because more people stopped looking for work and were no longer counted as unemployed.   Friday's weak jobs report from the Labor Department caught analysts by surprise and served as a reminder that the economic recovery is still slow, nearly four years after the Great Recession ended.   "This is not a good report through and through," Dan Greenhaus, ch...

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