Friday, April 2, 2010

News Alert: U.S. Economy Adds 162,000 in March; Rate Remains 9.7%

Breaking News Alert
The New York Times
Fri, April 02, 2010 -- 8:42 AM ET
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U.S. Economy Added 162,000 Jobs in March: Unemployment Rate Held Steady at 9.7%

American employers added 162,000 jobs in March, the Labor
Department reported on Friday, in a month when the government
hired thousands of temporary census workers.

The unemployment rate held steady at 9.7 percent, the Labor
Department said, but it is expected to worsen later this year
as discouraged workers re-enter the labor force.

Job losses in February were less severe than the previously
thought; only 14,000 jobs were lost that month, compared with
a preliminary reading of 36,000.

Read More:
http://www.nytimes.com/2010/04/03/business/economy/03jobs.html?hp&emc=na

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