Hiring slows severely in March, but don't panic yet - Apr. 5, 2013 - 1 views
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Hiring slowed sharply in March
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88,000 jobs,
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The unemployment rate slipped to 7.6%,
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In March US only created 88,000 jobs, the lowest monthly gain since June. Economists were expecting an increase of 190,000 jobs. However, the unemployment slipped to 7.6%, which is below the expected 7.7%. That decline was not a good news because 7.6% is the result of 500l000 people dropped out of the labor. They still don't have jobs, but they are not considered as unemployed.