In short, then, the economy stalled after a surprisingly strong February. Employers weren't hiring much and a lot of people gave up looking for jobs. Even the federal government lost jobs - though that was...
were you in a coma in 2008? Good to be you, I guess.
The American economy added 88,000 jobs in March, according to the Bureau of Labor Statistics, which was a major miss from predictions. Forecasters were expecting between 150,000-200,000 jobs added. The unemployment rate dropped despite the lackluster number added due to a sharp drop in the labor force participation rate - from 7.7 to 7.6%. Nearly half a million people stopped looking for work in March.
- Quotes of the day Allahpundit 8 hours ago
- Video: Canada’s Sergeant at Arms gets standing ovation after shooting terrorist while wearing tails Mary Katharine Ham 9 hours ago
- Poll: Republican gubernatorial candidate up two points in…Illinois? Mary Katharine Ham 10 hours ago
- Breaking: New Ebola case in NYC Ed Morrissey 10 hours ago
- Obama: Hey Georgia, do me a solid and elect Michelle Nunn Guy Benson 10 hours ago
- FBI warns ISIS trying to kidnap journalists abroad Noah Rothman 11 hours ago