Arab Today, arab today us job growth slows
Last Updated : GMT 04:06:06
Arab Today, arab today
Arab Today, arab today

US job growth slows

Arab Today, arab today

Arab Today, arab today US job growth slows

Washington - Arabstoday

Employers pulled back sharply on hiring last month, a reminder that the US economy may not be growing fast enough to sustain robust job growth. The unemployment rate dipped, but mostly because more Americans stopped looking for work. The Labour Department says the economy added 120,000 jobs in March, down from more than 200,000 in each of the previous three months. The unemployment rate fell to 8.2 per cent, the lowest since January 2009. The rate dropped because fewer people searched for jobs. The official unemployment count only includes those seeking work.  The economy has added 858,000 jobs since December — the best four months of hiring in two years. The mixed report was a disappointment after three months of solid job growth. The slowdown in job creation could threaten a recent rise in consumer confidence and dent investors’ enthusiasm for stocks.  It also could prove a setback for President Barack Obama’s re-election hopes. Stock markets are closed and bond markets will close early for Good Friday, so most investors won’t get to render a verdict on the report until Monday.  Federal Reserve Chairman Ben Bernanke has cautioned that the current hiring pace is unlikely to continue without more consumer spending. Retailers shed nearly 34,000 jobs in March, and temporary help firms dropped almost 8,000 — a potentially bad sign for the job market because companies often hire temp workers before adding full timers. Manufacturers continued to add jobs, hiring 37,000 workers in March. A broader measure of weakness in the labor market — which adds to the officially unemployed those who have given up looking for work and those forced to settle for part-time jobs — improved last month to 14.5 per cent from 14.9 per cent in February. The Bureau of Labour Statistics said the economy added 4,000 more jobs in January and February than it previously reported.  This year’s election is expected to hinge on the state of the economy. Obama’s re-election hopes may depend on continued improvement in the unemployment rate and job creation. Mitt Romney, the likely Republican challenger, this week blamed the president’s policies for slow growth and high unemployment. The Obama campaign has said that Romney would reinstate policies that led to the recession — lower taxes for the wealthy and less regulation for business.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us job growth slows Arab Today, arab today us job growth slows

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us job growth slows Arab Today, arab today us job growth slows

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday