4/6/12, "US Adds 120,000 Jobs; Unemployment Falls to 8.2%," Reuters via CNBC
"U.S. payrolls rose far less than expected in March, keeping the door open for further monetary policy support from the Federal Reserve, even as the unemployment rate fell to a three-year low of 8.2 percent. Employers added 120,000 jobs last month, the Labor Department said on Friday, the smallest increase since October.Economists polled by Reuters had expected nonfarm employment to increase 203,000....
March's weak report was in line with expectations that economic growth slowed to an annual pace of 2 percent in the first quarter from the 3 percent rate in the October-December period. The separate household survey, from which the jobless rate is derived, also showed a drop in employment....
The weakness in hiring last month was concentrated in the vast private services sector, which added only 90,000 after increasing payrolls by 204,000 in February. Retail employment dropped 33,800 after falling 28,600 the prior month.
Construction hiring fell 7,000, the second straight monthly decline. Temporary help fell 7,500 after rising 54,900 in February."...via Instapundit
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4/16/12, "NFP Big Miss: 120K, Expectations 205K, Unemployment 8.2%, "Not In Labor Force" At New All Time High," Zero Hedge, Tyler Durden
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