US Economy Adds 120K Jobs, Jobless Rate At 8.2 Percent

By: AP
By: AP

WASHINGTON (AP) -- Employers pulled back sharply on hiring last month, a reminder that the U.S. 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 Labor 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 percent, the lowest since January 2009. The rate dropped because fewer people searched for jobs. The official unemployment tally only includes those seeking work.

The economy has added 858,000 jobs since December -- the best four months of hiring in two years. But Federal Reserve Chairman Ben Bernanke has cautioned that the current hiring pace is unlikely to continue without more consumer spending.


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  • by Obama Location: D.C. on Apr 6, 2012 at 08:28 AM
    Isn't it amazing how I can add only 120K jobs but the rate drops! I should be re-elected for life! I should be KING OBAMA!
    • reply
      by Mack on Apr 6, 2012 at 10:55 AM in reply to Obama
      Seek help.
    • reply
      by Jeff on Apr 6, 2012 at 09:15 PM in reply to Obama
      Read the article, moron.
  • by Hard on Apr 6, 2012 at 08:27 AM
    Didn't this artical do just that?
  • by Steve on Apr 6, 2012 at 08:26 AM
    Hey Bob. There's not one ounce of optimism in your body is there? This is what is now happening and it is improving all the time. There is a time for pessimism and that was in 2007 so that people could prepare their financial investments for the negative actions. Now is the time to recognize that we are turning a corner and start spending. We don't start spending until we perceive that the pressure is coming off. You sound like the product of Republican propaganda about the Dems presiding over the economic slide after they caused it.
    • reply
      by Bubba on Apr 6, 2012 at 10:49 AM in reply to Steve
      Sounds like YOU dranks the kool-aide!
  • by Bob Location: Black Forest on Apr 6, 2012 at 07:13 AM
    Oh Joy! 13 million unemployed, 5 million have dropped out of the work force, 8 million are underemployed having taken multiple part time jobs just to survive but looky looky we don't headline that - no no it all peaches and cream! Get real and start being journalists - dig in to the numbers behind the numbers, not the ones the administration wants you to see during an election year!
    • reply
      by Mack on Apr 6, 2012 at 08:30 AM in reply to Bob
      Companies are desperate for skilled labor and high tech people. The workforce is changing. It will take time for the workers to adjust to the job market, and by then it will have changed again. The people who are underemployed are either in school to learn something new or they aren't interested in adjusting to the new job market. We need more education, earlier, to get people aligned with the faster pace of technology. This is a problem that's not going away any time soon, and cutting education funding will just dig us a bigger hole. The economy isn't the only thing affecting jobs. The answer is more complicated and will require more effort and forward-thinking than the old trickle-down remedy of letting the rich get richer. That's never worked.
      • reply
        by Obama on Apr 6, 2012 at 08:42 AM in reply to Mack
        THANK YOU for drinking my Kool-aide!
        • reply
          by Mack on Apr 6, 2012 at 10:54 AM in reply to Obama
          None so blind as he who refuses to see... I'm a programmer and web developer. American companies, not the government, American companies are sending their business to India, Russia, Africa, etc because they can get the work done there dirt cheap. I don't speak for anyone else, I speak from my own personal experience.
      • reply
        by LedHed on Apr 6, 2012 at 11:57 AM in reply to Mack
        Is this where you make a pitch that the govt. should do more to fund higher education for the citizenry? I'd love for them to have the financial clout to do so, but it's not their job (nor place), and there are bigger financial fish they have to fry, so that finanicial burden must, and should be, assumed by individuals.
  • by Nath Location: Colo Spgs on Apr 6, 2012 at 07:09 AM
    The U-3 number is 8.2%, the more accurate U-6 rate is twice that. Government always juggles things to make them look better, just like the rate of inflation. A few years back, they removed energy and food costs from the formula they use to measure inflation to keep the reported number much lower than in reality.
    • reply
      by Jeff on Apr 6, 2012 at 09:18 PM in reply to Nath
      Wow, got your point after the first couple posts. Don't forget, it was Bush who put the ecomomy in the tail spin.
  • by hmm on Apr 6, 2012 at 06:18 AM
    Finally they admit the only reason unemployment went down and has been going down during Obamas disgraceful time in office is do to people stopped looking for work. Libs try defending Obamas policies now! It's just going to get worse and he does not deserve another 4 years.
  • by hmm on Apr 6, 2012 at 06:18 AM
    Finally they admit the only reason unemployment went down and has been going down during Obamas disgraceful time in office is do to people stopped looking for work. Libs try defending Obamas policies now! It's just going to get worse and he does not deserve another 4 years.
  • by hmm on Apr 6, 2012 at 06:18 AM
    Finally they admit the only reason unemployment went down and has been going down during Obamas disgraceful time in office is do to people stopped looking for work. Libs try defending Obamas policies now! It's just going to get worse and he does not deserve another 4 years.
  • by hmm on Apr 6, 2012 at 06:18 AM
    Finally they admit the only reason unemployment went down and has been going down during Obamas disgraceful time in office is do to people stopped looking for work. Libs try defending Obamas policies now! It's just going to get worse and he does not deserve another 4 years.
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