Jobs Growth Faces hurdle in March with 126,000 jobs added during the month

April 5, 2015 2:33 AM

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Jobs Growth Faces hurdle in March with 126,000 jobs added during the month

The job growth during March has led to fears about economy slowing down as the data suggests the lowest increase in the number of people hired by employers in the United States. The Labor Department report said the nonfarm payrolls increased by 126,000 last month, making the smallest gain since December 2013.

The payrolls increase is almost half the number noticed in February. Many economists consider it as a sign of slowing economy while others shrug it off as a short term decline in pace. US economy mainly depends on consumer spending and the recent data has suggested that consumers are holding back on...

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