Jobs growth hits slowest pace in nine months - WRCBtv.com | Chattanooga News, Weather & Sports

Jobs growth hits slowest pace in nine months

Posted: Updated:

WASHINGTON (NBC) -- Jobs growth stumbled in March as consumers and businesses paused to take stock amid worries about Washington's budget battle, Europe's continuing financial crisis and cooler weather.

The Labor Department reported that the U.S. economy created 88,000 non-farm jobs in March, much lower than the 195,000 to 200,000 expected and well below February's 254,000 increase. March's job creation was the lowest in nine months.

The unemployment rate slipped slightly to 7.6 percent, the lowest in four years, from 7.7. percent in February.

Powered by WorldNow
Can't find what you're looking for?

WRCB-TV
900 Whitehall Road
Chattanooga, TN 37405
(423) 267-5412

WRCB Jobs EEO | FCC Public Files

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WRCB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.