March sadness: U.S. hiring last month dashes expectations

April 4, 2015 2:46 AM

60 0

March sadness: U.S. hiring last month dashes expectations

March hiring disappointed, with just 126,000 new jobs reported by the government Friday, prompting concerns that the economy may be softening amid slowing exports and oil field turmoil.

Most mainstream forecasters had expected hiring north of 200,000, where it’s averaged for more than a year. Instead, March was a large miss, although the unemployment rate held steady at 5.5 percent.

Read more

To category page

Loading...