The United States added far fewer jobs than expected in March -- 88,000 -- the slowest growth in nine months and a third of the pace in February, according to official data released Friday.
A 'Now Hiring' sign at a Home Depot store in San Rafael, California. The US labor market was much weaker than expected in March, with the economy adding only 88,000 jobs, a third of the number in February, according to official data released Friday.
The Labor Department's highly anticipated monthly jobs and unemployment data, a key indicator of the health of the US economy, came in well below estimates and disappointed financial markets, which fell on the news.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.