March job gains 126,000; miss 248,000 forecast

April 3, 2015 5:06 PM

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March job gains 126,000; miss 248,000 forecast

Employers added a subpar 126,000 jobs in March as the labor market cooled off amid harsh weather and mounting oil company layoffs, the Labor Department said Friday.

The payroll total breaks a 12-month string of job gains above 200,000 and is the lowest tally in 15 months.

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