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The Bureau of Labor Statistics has released the March jobs report, which contains both real and cosmetic positive news for the economy -- as well as a large helping of disappointing statistics. The genuinely good news is that 120,000 found work last month, which is an unalloyed positive for that group. The cosmetic "good" news is that the U-3 unemployment rate dropped from 8.3 to 8.2 percent. The ugly context? Here's CBS News:
The March jobs report was a disappointment: Only 120,000 new jobs were created, versus expectations of over 200,000 and the unemployment...
Good News, Ugly News in March Jobs Numbers